Despite tumbling in 2022, the Macquarie Group Ltd (ASX: MQG) share price has surged by 87% over the last five years.
It's no secret that volatility across global markets due to high inflation levels and rate hikes has caused distress among investors.
This led the S&P/ASX 200 Financials (ASX: XFJ) sector to tank almost 10% this year.
After falling to a 10-month low of $157.03 on 17 June, shares in the investment bank are recovering lost ground, for now.
At the time of writing, Macquarie shares are up 0.51% to $166.18.
Macquarie dividend history
Regardless of the company's recent share price weakness, the Macquarie board has continued to pay robust dividends to shareholders.
The following are the dividends the company has distributed in the past five years.
- July 2017 – $2.80 (final dividend)
- December 2017 – $2.05 (interim dividend)
- July 2018 – $3.20 (final dividend)
- December 2018 – $2.15 (interim dividend)
- July 2019 – $3.60 (final dividend)
- December 2019 – $2.50 (interim dividend)
- July 2020 – $1.80 (final dividend)
- December 2020 – $1.35 (interim dividend)
- July 2021 – $3.35 (final dividend)
- December 2021 – $2.72 (interim dividend)
- July 2022 – $3.50 (final dividend dividend)
Calculating the above Macquarie dividends since 2017 gives us a total figure of $29.02 for every share owned.
When pitting the last two dividends against the current share price, Macquarie has a dividend yield of 3.72%.
Macquarie share price snapshot
Over the last 12 months, the Macquarie share price has risen by 7%. However, year to date, Macquarie shares are down 19%.
The company's shares climbed throughout 2021 before hitting a snag from January 2022 onwards.
In terms of market capitalisation, Macquarie is the fourth-largest Australian bank valued at approximately $63.7 billion.
