Australian Finance Group Ltd (ASX: AFG) Share Price and News

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Australian Finance Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $392.62 million
P/E Ratio 12.99
Dividend Yield 5.72%
Shares Outstanding 270.77 million
Earnings per share 0.109
Dividend per share 0.08
Year To Date Return -6.73%
Earnings Yield 7.70%
Franking 100%
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as at 24 Feb 3:44pm

  • Australian Finance Group Ltd (ASX: AFG)
    Latest News

    A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
    Share Fallers

    Why Australian Finance Group, Chalice, DroneShield, and ResMed are sinking today

    These ASX shares are having a tough time on Thursday. But why?

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    Share Market News

    REVEALED: Which ASX companies are the most productive in 2023?

    Productivity is a hot topic in Australia, so let's check out which publicly listed businesses are the best at it.

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    happy business people celebrate, share rise, record price, increase
    Earnings Results

    Australian Finance Group shares rally 6% as company posts $55 million profit

    The Australian Finance Group share price is in the green today after an optimistic earnings card for FY22.

    Read more »

    excited young female in business attire and wearing glasses is holding up $100 notes in both hands.
    Dividend Investing

    Brokers predict these 2 ASX dividend shares will pay yields above 10%

    What Macquarie and Credit Suisse think about these companies in FY22 and beyond

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    Broker Notes

    Brokers rate these 2 top ASX shares as buys in February 2022

    BWX and Australian Finance Group are both rated as buys by experts.

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    Financial Shares

    3 ASX finance shares to buy right now (hint: no big banks)

    Forget the big four, here is a trio of financial stocks that could benefit from the post-COVID economic tailwinds.

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    Mergers & Acquisitions

    Australian Finance Group (ASX:AFG) share price lifts on acquisition news

    The mortgage broking group is acquiring a 75% stake in Fintelligence. Here are the details

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    ASX shares upgrade buy Woman in glasses writing on buy on board
    Growth Shares

    These 2 ASX shares are buy-rated by many analysts

    Australian Finance Group is one of the ASX shares that are buy-rated.

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    Bank Shares

    Could liar loans crash the housing market?

    The housing market is under scrutiny after a report that liar loans are increasing.

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    Super Retail share price upgrade buy re-rating A drawing of a a superhero businessman in fron of a cityscape in silhoutte, indicating a share price earnings super cycle
    Real Estate Shares

    Australian Finance Group (ASX:AFG) share price gains on FY21 profit boost

    The ASX mortgage broking group released its FY21 results this morning.

    Read more »

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    Mergers & Acquisitions

    Why Australian Finance Group (ASX:AFG) shares are falling today

    Shares in the Aussie mortgage broker are under pressure right now...

    Read more »

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    Broker Notes

    2 ASX shares rated as strong buys by brokers

    IDP Education and Australian Finance Group are both highly rated.

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    Frequently Asked Questions

    Yes, Australian Finance Group has historically paid two fully franked shareholder dividends a year.

    Australian Finance Group generally pays its shareholder dividends in March and September. 

    Australian Finance Group Ltd listed on the ASX on 22 May 2015.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    07 Mar 2024 $0.0400 100.00% Interim 25 Mar 2024
    04 Sep 2023 $0.0410 100.00% Final 22 Sep 2023
    06 Mar 2023 $0.0660 100.00% Interim 23 Mar 2023
    05 Sep 2022 $0.0960 100.00% Final 21 Sep 2022
    07 Mar 2022 $0.0700 100.00% Interim 24 Mar 2022
    06 Sep 2021 $0.0740 100.00% Final 23 Sep 2021
    01 Mar 2021 $0.0590 100.00% Interim 18 Mar 2021
    09 Sep 2020 $0.0470 100.00% Final 29 Sep 2020
    02 Mar 2020 $0.0540 100.00% Interim 26 Mar 2020
    06 Sep 2019 $0.0590 100.00% Final 03 Oct 2019
    04 Mar 2019 $0.0470 100.00% Interim 28 Mar 2019
    31 Aug 2018 $0.0570 100.00% Final 27 Sep 2018
    05 Mar 2018 $0.1200 100.00% Special 29 Mar 2018
    05 Mar 2018 $0.0470 100.00% Interim 29 Mar 2018
    01 Sep 2017 $0.0000 100.00% Final 28 Sep 2017
    06 Mar 2017 $0.0420 100.00% Interim 31 Mar 2017
    02 Sep 2016 $0.0540 100.00% Final 30 Sep 2016
    11 Mar 2016 $0.0300 100.00% Interim 29 Mar 2016

    AFG ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Australian Finance Group Ltd

    Australian Finance Group Ltd (ASX: AFG) is a financial company focused on mortgage aggregation and management of home and commercial loans. It also distributes its own branded home loans under its White Label products.

    Through its broker services, technology platforms, and financial products, AFG supports more than 3,700 brokers nationally and manages around $50 billion in residential finance through its network annually. It accesses a panel of around 70 lenders with a suite of more than 7,000 individual finance products.

     

    AFG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    17 Jul 2024 $1.43 $0.01 0.71% 1,151,975 $1.42 $1.45 $1.42
    16 Jul 2024 $1.42 $0.01 0.71% 820,759 $1.41 $1.45 $1.41
    15 Jul 2024 $1.41 $-0.02 -1.40% 334,409 $1.42 $1.43 $1.38
    12 Jul 2024 $1.43 $0.04 2.89% 1,056,419 $1.38 $1.43 $1.38
    11 Jul 2024 $1.39 $0.03 2.21% 192,692 $1.36 $1.39 $1.36
    10 Jul 2024 $1.36 $-0.02 -1.45% 250,501 $1.38 $1.38 $1.34
    09 Jul 2024 $1.38 $0.03 2.23% 261,805 $1.36 $1.38 $1.35
    08 Jul 2024 $1.35 $0.00 0.00% 377,026 $1.35 $1.38 $1.34
    05 Jul 2024 $1.35 $0.02 1.51% 262,861 $1.34 $1.35 $1.33
    04 Jul 2024 $1.33 $0.00 0.00% 627,222 $1.34 $1.35 $1.31
    03 Jul 2024 $1.32 $-0.03 -2.22% 637,482 $1.35 $1.35 $1.31
    02 Jul 2024 $1.35 $-0.01 -0.73% 285,596 $1.37 $1.37 $1.35
    01 Jul 2024 $1.37 $-0.01 -0.72% 198,685 $1.37 $1.39 $1.36
    28 Jun 2024 $1.38 $-0.01 -0.72% 285,137 $1.40 $1.41 $1.38
    27 Jun 2024 $1.39 $0.02 1.46% 354,645 $1.39 $1.40 $1.35
    26 Jun 2024 $1.37 $-0.01 -0.72% 220,797 $1.39 $1.40 $1.37
    25 Jun 2024 $1.39 $0.03 2.22% 385,819 $1.36 $1.39 $1.36
    24 Jun 2024 $1.35 $-0.06 -4.26% 273,500 $1.42 $1.42 $1.35
    21 Jun 2024 $1.41 $-0.02 -1.40% 248,197 $1.43 $1.43 $1.41
    20 Jun 2024 $1.43 $0.01 0.71% 542,788 $1.41 $1.43 $1.41
    19 Jun 2024 $1.42 $0.00 0.00% 395,050 $1.41 $1.43 $1.41
    18 Jun 2024 $1.42 $-0.01 -0.70% 408,608 $1.43 $1.43 $1.40

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    20 Sep 2023 Greg Medcraft Transfer 50,000 $74,750
    On-market transfer.
    19 Sep 2023 Annette King Buy 40,000 $60,000
    On-market trade.
    24 Aug 2023 Malcolm Watkins Exercise 8,894 $14,675
    Conversion of securities. Performance Rights 11,017, As per announcement on 30-08-2023
    24 Aug 2023 Malcolm Watkins Buy 8,894 $14,675
    Conversion of securities. As per announcement on 30-08-2023

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Brett Murray McKeon Non-Executive Director Jul 2019
    Mr McKeon has worked for more than 35 years in the financial services industry. He has management, capital raising, public company and sales experience and is an experienced director in both the public and private arenas. In addition to his role as Non-Executive Director of AFG, Mr McKeon is the Chair of Greenlane Group Pty Ltd, a privately-owned company specializing in debt and equity funding solutions for property developers, property development, mortgage fund investments and other opportunities for sophisticated and wholesale investors.
    Mr Malcolm Stephen Watkins Non-Executive Director Jul 2022
    Mr Watkins has for 28 years has driven the company's tactical development of market-leading IT and marketing divisions. Mr Watkins is also on the board of Thinktank Pty Ltd, a commercial property lender in which AFG holds a 32.08% stake. He is tasked with overseeing the opportunity to blend Thinktank's commercial property lending expertise with AFG's broad distribution capabilities, to deliver strategic value to both businesses. Mr Watkins is also a former board member of the industry's peak national body representing the sector, the Mortgage Finance Association of Australia (MFAA). He is also a member of the Technology and Data Committee.
    Mr Craig Gillen Carter Non-Executive Director Mar 2015
    Mr Carter a career spanning 35 years in stockbroking and investment banking, including 15 years at Macquarie Group, specialising in Corporate Advice and Equity Capital Markets, Mr Carter now actively manages his own business interests across a range of investment activities. Mr Carter is a known professional with experience in both business ownership and corporate advisory. Mr Carter is the Vice President of the AFL Fremantle Football Club where he Chairs the Finance and Audit Committee and is on Bank of America's Australian Advisory Board. This experience and reputation provide a platform of financial experience, integrity, and governance. He is also a member of Risk and Compliance Committee.
    Mrs Jane Mary Muirsmith Non-Executive Director Mar 2016
    Mrs Muirsmith is a digital and marketing strategist, having held several executive positions in Sydney, Melbourne, Singapore, and New York. Ms Muirsmith is Managing Director of Lenox Hill, a digital strategy and advisory firm and is a Non-Executive Director of Cedar Woods Properties Ltd, the Telethon Kids Institute and the Non-Executive Chair of HealthDirect Australia. Ms Muirsmith was appointed to Chair of the Technology and Data Committee, a member of the Risk and Compliance Committee.
    Mr Greg Medcraft Non-Executive ChairmanNon-Executive Director Sep 2021
    Mr Medcraft's career was spent with accounting firm KPMG before spending 26 years with Societe Generale in Australia, Asia, Europe, and the Americas, and then as CEO of the industry group, the Australian Securitisation Forum. At Societe Generale, Mr Medcraft initially worked on corporate finance, then capital markets, structured finance, project finance and funds management before becoming Deputy Global Head of Financial Engineering, and then Managing Director and Global Head of Securitisation. When based in New York, Mr Medcraft co-founded the industry group, the American Securitization Forum, and was Chairman for several years. He is also Chair of Risk and Compliance Committee.
    Ms Annette King Non-Executive Director Feb 2022
    Ms King is a company director, former CEO, and actuary, with over 30 years of experience in financial services across Asia-Pacific. Prior to becoming a non-executive director, Ms King had a record as a CEO, CFO and CMO of financial institutions, as well as being a founder/entrepreneur. Ms King has served multi-national companies (Swiss Re, AXA, Manulife, Mercer, MLC Super) and fintech companies (FNZ, Galileo Platforms). Her focus is on business growth through differentiated client experience, organizational culture, and innovation via digital and technology enablement. Ms King serves on the boards of HCF, Swiss Re, and U Ethical Investors. She was previously President and Chair of the Actuaries Institute and President of the Life Insurance Association of Singapore. She is also member of the Risk and Compliance and Technology and Data.
    Mr David James Bailey Chief Executive Officer Mar 2017
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    Ms Michelle Palethorpe Company Secretary Jun 2023
    -
    David James Bailey Chief Executive Officer
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    Luca Pietropiccolo Chief Financial Officer
    -
    Lisa Bevan Chief Operating Officer
    -
    Michelle Palethorpe Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 44,115,387 16.32%
    National Nominees Limited 25,614,439 9.48%
    Citicorp Nominees Pty Limited 24,559,952 9.09%
    J P Morgan Nominees Australia Pty Limited 18,130,843 6.71%
    Mbm Investments Pty Ltd 16,332,632 6.04%
    Banyard Holdings Pty Ltd 14,788,765 5.47%
    Perpetual Corporate Trust Ltd 12,345,025 4.57%
    Oceancity Investments Pty Ltd 7,570,000 2.80%
    BNP Paribas Nominees Pty Ltd 5,022,821 1.86%
    Invia Custodian Pty Limited 2,243,637 0.83%
    David Bailey 2,055,744 0.76%
    Assured Financial Services Pty Ltd 2,050,000 0.76%
    Adrien Mann (South Pacific) Pty Ltd 1,510,000 0.56%
    Precision Opportunities Fund Ltd 1,500,000 0.56%
    Lisa Bevan 1,421,860 0.53%
    Egmont Pty Ltd 1,400,000 0.51%
    BNP Paribas Noms Pty Ltd 1,249,570 0.46%
    Bnp Paribas Noms Pty Ltd i 1,211,684 0.45%
    Edi Nominees Pty Ltd 1,060,000 0.39%
    Angela Middleton 1,000,000 0.37%

    Profile

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