Yesterday, we covered ASX 200 bank stock National Australia Bank Ltd (ASX: NAB)'s late (by ASX standards) earnings report. Today, another ASX 200 blue chip that is often called a bank was next in line. We went through the latest numbers from Macquarie Group Ltd (ASX: MQG) this morning. But let's talk about the next Macquarie dividend.
As we discussed earlier today, it was a fairly pleasing set of numbers to go through. For the first half of its FY2026, Macquarie reported a 5.8% rise in revenue for the six-month period to $8.69 billion. That helped the diversified financial services stock deliver a profit after tax of $1.68 billion. That's a 4.4% increase on the same period last year.
Net tangible assets per share dipped 0.5% over the period. But even so, Macquarie was still able to increase its basic earnings per share (EPS) by 2.9% to $4.367.
Shareholders might also be pleased with the news that Macquarie is extending its $2 billion share buyback program for another 12 months
Let's talk dividends, though.
Macquarie has historically not offered the same kind of fat dividend paycheques as the major ASX banks, nor full franking credits; it has still been no slouch in the income department.
Today's results prove nothing less.
Shareholders to enjoy an increased Macquarie dividend
The company declared an interim dividend of $2.80 per share today. As is typical for Macquarie, that dividend will come partially franked at 35%.
This is good news for shareholders, as it represents a 7.69% rise over last year's interim dividend of $2.60 per share (although that was partially franked at 40%). Together with the $3.90 final dividend (also franked to 35%) that investors received back in July, it will take the company's full-year payouts to $6.70 per share. Again, that's up 3.88% from 2024's total of $6.45 per share.
Macquarie shares are scheduled to trade ex-dividend on 17 November later this month. The company will then pay out the dividend on 17 December next month, just in time for Christmas.
Macquarie will be running its optional dividend reinvestment plan (DRP) for this dividend as well. So if investors wish to receive additional Macquarie shares instead of the traditional cash payment, they can opt in to do so by 19 November.
Investors have not taken kindly to Macquarie's results today. The company is presently down more than 5% at $206 a share. At this share price, the ASX 200 financial stock is trading on a trailing dividend yield of 3.16%.
