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

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Australian Finance Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $793.93 million
P/E Ratio 15.63
Dividend Yield 4.51%
Shares Outstanding 269.13 million
Earnings per share 0.181
Dividend per share 0.15
Year To Date Return 17.22%
Earnings Yield 6.40%
Franking 100%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

Australian Finance Group Ltd (ASX: AFG)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
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 $0.0550 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

Headquartered in Perth, Western Australia, Australian Finance Group Ltd (ASX: AFG) is one of the country’s largest mortgage broking groups. The company was established in 1994 and began life as a aggregator, providing mortgage brokers with access to loan products and support services.

Today, the company employs more than 200 staff Australia-wide and works with nearly 3,000 finance brokers across the country. Its offerings include mortgage aggregation as well as business finance, insurance, and own-label securitised products. According to the company, AFG brokers are able to offer their clients a choice of more than 3,800 finance products from leading Australian lenders including the big four banks.

AFG assists around 7,500 Australians to secure loans and, as at September 2020, has a loan book around $140 billion in size.

Australian Finance Group shares first began trading on the ASX in May 2015. The AFG share price was hit hard by the pandemic in 2020, falling nearly 70% between February and March. As at September 2020, the AFG share price had partially recovered but had failed to reach its pre-pandemic highs.

AFG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
17 Sep 2021 $2.95 $0.02 0.68% 517,784 $2.90 $2.97 $2.90
16 Sep 2021 $2.93 $-0.01 -0.34% 223,119 $2.94 $2.96 $2.92
15 Sep 2021 $2.94 $-0.01 -0.34% 606,415 $2.93 $2.95 $2.90
14 Sep 2021 $2.95 $0.15 5.36% 1,107,567 $2.81 $2.98 $2.80
13 Sep 2021 $2.80 $-0.03 -1.06% 414,154 $2.82 $2.87 $2.80
10 Sep 2021 $2.83 $0.05 1.80% 470,221 $2.80 $2.86 $2.78
09 Sep 2021 $2.78 $-0.13 -4.47% 595,810 $2.88 $2.89 $2.77
08 Sep 2021 $2.91 $0.03 1.04% 539,205 $2.86 $2.91 $2.85
07 Sep 2021 $2.88 $-0.03 -1.03% 517,448 $2.89 $2.91 $2.85
06 Sep 2021 $2.91 $-0.08 -2.68% 550,619 $2.92 $2.93 $2.85
03 Sep 2021 $2.99 $-0.01 -0.33% 359,134 $3.01 $3.02 $2.99
02 Sep 2021 $3.00 $0.02 0.67% 1,345,287 $2.99 $3.02 $2.98
01 Sep 2021 $2.98 $-0.05 -1.65% 544,839 $3.01 $3.03 $2.96
31 Aug 2021 $3.03 $-0.01 -0.33% 698,988 $3.00 $3.06 $2.98
30 Aug 2021 $3.04 $0.10 3.40% 858,141 $2.95 $3.05 $2.91
27 Aug 2021 $2.94 $-0.03 -1.01% 1,503,689 $3.02 $3.08 $2.91
26 Aug 2021 $2.97 $-0.05 -1.66% 292,730 $3.02 $3.02 $2.94
25 Aug 2021 $3.02 $0.10 3.42% 614,559 $2.92 $3.04 $2.92
24 Aug 2021 $2.92 $0.02 0.69% 777,832 $2.85 $2.99 $2.85
23 Aug 2021 $2.90 $0.05 1.75% 330,265 $2.86 $2.95 $2.84
20 Aug 2021 $2.85 $-0.03 -1.04% 389,386 $2.88 $2.92 $2.82

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
26 Aug 2021 Brett McKeon Buy 21 $65,155
Conversion of securities. As per announcement on 31/08/2021.
There is no transaction reported for the conversion of rights.
26 Aug 2021 Malcolm Watkins Buy 21 $65,155
Conversion of securities.
26 Aug 2021 Malcolm Watkins Exercise 21 $65,155
Conversion of securities. 34,248 - Performance Rights
As per announcement on 31/08/2021
30 Nov 2020 Malcolm Watkins Issued 17 $40,793
Issue of securities. 54,362 - Performance Rights
As per announcement on 30/11/2020.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Brett Murray McKeon Executive Director Jun 2006
Mr McKeon has worked for more than 31 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 Establish Property Group (EPG).
Mr Malcolm Stephen Watkins Executive Director Dec 1997
Mr Watkins is also on the board of Thinktank. Mr Watkins is also a former board member of the industry's peak national body representing the sector, the Mortgage and Finance Association of Australia (MFAA).
Mr Anthony (Tony) Peter Gill Non-Executive ChairmanNon-Executive Director Aug 2008
Mr Gill has been the Chairman of the Board since 2008. Mr Gill has experience across Australia's finance industry, mostly with Macquarie Bank. Mr Gill is a Director of First Mortgage Services and First American Title Insurance. He sits on the Board of the Butterfly Foundation for Eating Disorders and the Pinchgut Opera. Mr Gill is a former member of the Board of Genworth Mortgage Insurance Limited (GMA.AX), and a former member of ASIC's External Advisory Panel.
Mr Craig Gillen Carter Non-Executive Director Mar 2015
Mr Carter has a career spanning 35 years in stockbroking and investment banking, Corporate Advice and Equity Capital Markets, Mr Carter now manages his own family business interests across a range of investment activities. He is also a Director of the Fremantle Football Club. Mr Carter was a Member of the Australian Stock Exchange and is a Fellow of the Financial Services Institute. Mr Carter is a professional with unique experience in equities, capital markets and corporate transactions. Mr Carter is the Chair of the Audit Committee, a member of the Risk and Compliance Committee.
Mrs Jane Mary Muirsmith Non-Executive Director Mar 2016
Ms Muirsmith is an digital and marketing strategist, having held several executive positions in Sydney, Melbourne, Singapore and New York. Ms Muirsmith is Managing Director of Lenox Hill and is a Non-Executive Director of Cedar Woods Properties Ltd, the Telethon Kids Institute, and Chair and Non-Executive Director of HealthDirect Australia. Ms Muirsmith is also a member of the Ambassadorial Council UWA Business School. Ms Muirsmith is Chair of the Risk and Compliance Committee.
Ms Melanie Jane Kiely Non-Executive Director Mar 2016
Ms Kiely is an experienced Executive and Company Director with over 25 years of experience in health care, financial services and consulting in Australia, Europe and South Africa. Ms Kiely is also currently a Director of the Black Dog Institute and CEO of Good Sammy Enterprises. Prior to this, she has held senior roles with Silver Chain, HBF Health Fund, nib health funds, MBF and was an Associate Partner at Accenture. She has also held a number of Board positions in the financial services and health sectors. Ms Kiely is member of the Risk and Compliance Committee.
Mr Greg Medcraft Non-Executive Director Sep 2021
Mr Medcraft has financial markets experience, with leadership roles across both the private and public sectors in Australia and globally. 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 a number of years. From 2009, Mr Medcraft served initially as Commissioner and then as Chairman of ASIC during seven years with the corporate regulator. In 2017, Mr Medcraft moved to Paris as Director of the OECD's Directorate of Financial and Enterprise Affairs. He also serves as a director of the Washington-based think tank Salzburg Global Seminar.
Mr David James Bailey Chief Executive Officer Mar 2017
-
Ms Lisa Bevan Company Secretary
-
David James Bailey Chief Executive Officer
-
Ben Jenkins Chief Financial Officer
-
John Sanger Chief Operating Officer
-
Lisa Bevan Company Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Hsbc Custody Nominees (Australia) Umited 44,404,240 16.58%
National Nominees Limited 37,353,326 13.95%
Citicorp Nominees Pta Limited 28,009,439 10.46%
J P Morgan Nomineesaustralia Pty Limited 23,216,973 8.67%
Mbm Investments Pta Ltd 16,289,779 6.08%
Banyard Holdings Pty Ltd 14,788,765 5.52%
Perpetual Corporate Trust Ltd 12,345,025 4.61%
Oceancity Investments Pta Ltd 11,818,182 4.41%
BNP Paribas Nominees Pty Ltd 4,130,713 1.54%
Bnp Paribas Noms Pta Ltd 3,247,986 1.21%
Mrs Karen Jane Mcgougan 3,243,637 1.21%
Assured Financial Services Pty Ltd 2,089,637 0.78%
Neweconomy Com Au Nominees Pty Umited 1,326,864 0.50%
UBS Nominees Pty Ltd 1,223,975 0.46%
Lisa Bevan 1,181,819 0.44%
National Nominees Umited 1,176,831 0.44%
Edi Nominees Pty Ltd 1,051,819 0.39%
Angela Middleton 1,000,000 0.37%
Egmont Pty Ltd 960,714 0.36%
Noldex Pty Ltd 700,000 0.26%

Profile

since

Note