Magellan Financial Group Ltd (ASX: MFG) Share Price and News

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Magellan Financial Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $9.27 billion
P/E Ratio 24.10
Dividend Yield 4.12%
Shares Outstanding 183.79 million
Earnings per share 2.207
Dividend per share 1.94
Year To Date Return 1.03%
Earnings Yield 4.15%
Franking 74.9974255998%
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as at 24 Feb 3:44pm

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Magellan Financial Group Ltd (ASX: MFG)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
16 Feb 2021 $0.9711 75.00% Interim 25 Feb 2021
17 Aug 2020 $1.2200 75.00% Final 26 Aug 2020
18 Feb 2020 $0.9291 75.00% Interim 27 Feb 2020
16 Aug 2019 $1.1140 75.00% Final 29 Aug 2019
19 Feb 2019 $0.7380 75.00% Interim 28 Feb 2019
14 Aug 2018 $0.9000 100.00% Final 27 Aug 2018
09 Feb 2018 $0.4450 100.00% Interim 20 Feb 2018
21 Feb 2017 $0.3840 100.00% Interim 02 Mar 2017
17 Aug 2016 $0.3800 100.00% Final 26 Aug 2016
23 Feb 2016 $0.5130 100.00% Interim 04 Mar 2016
17 Aug 2015 $0.3780 100.00% Final 26 Aug 2015
25 Feb 2015 $0.3710 100.00% 09 Mar 2015
20 Aug 2014 $0.2180 100.00% 01 Sep 2014

MFG 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 Magellan Financial Group Ltd

Magellan Financial Group Ltd (ASX:MFG) is a funds management business that grows and safeguards the wealth of its clients by investing in some of the world’s top companies. MFG’s investment team manages global equity and infrastructure strategies to high net worth and retail investors in Australia, New Zealand and institutional investors globally.

Based in Sydney, the company was founded in 2006 by Hamish Douglass and Chris Mackay. MFG's four investment funds are the Global Equities, Infrastructure, Sustainable and Australian Equities. The fund management activities are undertaken by Magellan Asset Management Limited.

Magellan was listed on the ASX in 2004. The company has received multiple industry awards and is a highly rated fund manager of global equities and global listed infrastructure, in Australia and overseas. The Magellan share price has gone from strength to strength and is now a top 100 ASX-listed company.

MFG Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
27 Jul 2021 $52.23 $-1.01 -1.90% 445,184 $53.02 $53.18 $52.09
26 Jul 2021 $53.24 $-0.68 -1.26% 279,093 $53.98 $54.50 $53.12
23 Jul 2021 $53.92 $0.22 0.41% 204,784 $53.41 $54.11 $53.28
22 Jul 2021 $53.70 $0.18 0.34% 339,349 $53.52 $53.70 $52.92
21 Jul 2021 $53.52 $-0.18 -0.34% 306,808 $54.00 $54.05 $53.43
20 Jul 2021 $53.70 $0.15 0.28% 326,188 $53.02 $53.96 $52.70
19 Jul 2021 $53.55 $-1.04 -1.91% 278,870 $53.94 $54.11 $53.15
16 Jul 2021 $54.59 $1.14 2.13% 267,797 $53.26 $54.59 $53.26
15 Jul 2021 $53.45 $-0.66 -1.22% 424,883 $53.62 $54.03 $53.04
14 Jul 2021 $54.11 $1.06 2.00% 370,871 $53.00 $54.40 $52.74
13 Jul 2021 $53.05 $1.28 2.47% 370,135 $52.00 $53.20 $51.89
12 Jul 2021 $51.77 $0.56 1.09% 284,599 $51.76 $52.07 $51.38
09 Jul 2021 $51.21 $-0.52 -1.01% 569,365 $51.06 $51.90 $50.29
08 Jul 2021 $51.73 $-2.08 -3.87% 1,168,098 $53.40 $54.03 $51.20
07 Jul 2021 $53.81 $0.11 0.20% 476,703 $53.71 $54.38 $53.45
06 Jul 2021 $53.70 $-1.01 -1.85% 344,434 $54.51 $54.96 $53.51
05 Jul 2021 $54.71 $-1.19 -2.13% 556,281 $55.90 $56.18 $54.56
02 Jul 2021 $55.90 $1.48 2.72% 533,820 $54.96 $56.00 $54.80
01 Jul 2021 $54.42 $0.56 1.04% 371,230 $54.32 $54.72 $53.97
30 Jun 2021 $53.86 $0.21 0.39% 432,019 $54.30 $54.67 $53.76
29 Jun 2021 $53.65 $0.62 1.17% 355,394 $52.90 $53.65 $52.81

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
16 Feb 2021 Colette Garnsey Buy 2 $99,542
On-market trade.
12 Feb 2021 Brett Cairns Buy 13 $623,350
On-market trade. Avg price
09 Nov 2020 Robert Fraser Sell 99 $6,036,669
On-market trade. Avg price
07 Oct 2020 Paul Lewis Sell 150 $9,018,945
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Ms Colette Mary Garnsey Non-Executive Director Nov 2020
Ms Garnsey has 40 years' experience in retail, marketing and distribution. She has involved in the development and growth of the Australian retail industry using her established experience in branding, consumer insights, digital and marketing. Colette is currently Chairman of Australian Wool Innovation Limited (appointed 18 November 2011 and Chairman since 9 November 2018), the R&D and marketing organisation for the Australian wool industry. She is also a Non-Executive Director of Flight Centre Travel Group (appointed 7 February 2018) and Seven West Media Limited (appointed 12 December 2018). Colette has previously held senior roles with David Jones, Pacific Brands and Premier Investments. She has also held directorial and advisory positions for government boards and not-for-profit enterprises, including the CSIRO (1997 - 2001), Australian Government Innovation Council (2010 - 2012), Federal Trade and Investment Ministers (2014 - 2018), Australian Fashion Week (1998 - 2009) and the Melbourne Fashion Festival (2006 - 2013). Ms Garnsey is member the Risk Committee of the Company.
Mr Robert Darius Fraser Non-Executive Director Apr 2014
Mr Fraser has 30 years of investment banking experience, mergers and takeovers, corporate and financial analysis, capital management and equity capital markets. He is presently the Managing Director of TC Corporate Pty Limited, the corporate advisory division of Taylor Collison Limited stockbrokers of which he is a Director and principal. Robert is a licensed business broker and licensed real estate agent. Robert currently serves on the Boards of ARB Corporation Limited (since February 2004), F.F.I. Holdings Limited (since October 2011) and MFF Capital Investments Limited (since May 2019). He is Chairman of Risk Committee.
Mr John Anthony Eales Non-Executive Director Jul 2017
Mr Eales debuted for the Wallabies in 1991 and captained the side from 1996 until the end of his Test career in 2001. He has served in executive or advisory positions with number of organisations. John co-founded the Mettle Group in 2003 and currently sits on the boards of Flight Centre Travel Group and Fuji Xerox - Document Management Solutions. He is a columnist with The Australian newspaper writing on both business and sport and has served as a consultant to major Australian companies, including Westpac. John is the author of two books, Learning from Legends Sport and Learning from Legends Business. He was made a Member of the Order of Australia in 1999 for services to the community and rugby. He is Member of Risk Committee.
Mr Paul Anthony Lewis Non-Executive Director Dec 2006
Mr Lewis was Managing Partner and Chief Executive - Asia for PA Consulting Group, based in Hong Kong from 1992 - 2004, at the conclusion of which PA had offices in Hong Kong, Beijing, Tokyo, Bangalore, Singapore, Kuala Lumpur and Jakarta. Paul led assignments in financial services - retail banking, life insurance and stock exchanges, energy, manufacturing, telecommunications, rail, air, container shipping and government. Paul also served on senior advisory panels with ministerial representation in Hong Kong, Malaysia and Indonesia, and from 2003 to 2009 was a member of British Telecom's Global Advisory Board. Paul is currently Deputy National Chairman of the Australian British Chamber of Commerce, Chair of IPScape Limited, Chair of GWS Giants Foundation, and a board member of Volt Bank and Optal Limited. He was previously Chair of the NAB Private Advisory Board, NAB Business Advisory Board and British Telecom Global Advisory Board. He is Member of Risk Committee.
Mr Hamish Macquarie Douglass Non-Executive ChairmanNon-Executive Director May 2009
Mr Douglass is a former member of the Australian Government's Foreign Investment Review Board (FIRB), the Australian Government's Financial Literacy Board, former Acting President of the Australian Government's Takeovers Panel and former Co-Head of Global Banking at Deutsche Bank, Australasia. Hamish is a Director of the Victor Chang Cardiac Research Institute.
Dr Brett Peter Cairns Executive DirectorChief Executive OfficerManaging Director Jan 2007
Dr Cairns was formerly co-head of the Capital Markets Group within Structured Finance at Babcock & Brown, which he joined in 2002. Brett was a former Managing Director and Head of Debt Capital Markets for Merrill Lynch in Australia where he worked from 1994 to 2002. Prior to joining Merrill Lynch, Brett spent 3 years with Credit Suisse Financial Products, the then derivatives bank of the Credit Suisse group.
Mr Hamish Roy McLennan Non-Executive DirectorNon-Executive Deputy Chairman Mar 2016
Mr McLennan has over 30 years' experience in the media industry. He is currently Chairman of REA Group Limited (appointed 21 February 2012 and Chairman since 10 April 2012) and Chairman of HT&E Limited (appointed 30 October 2018). Hamish is also a Non-Executive Director of the tech firm Claim Central Consolidated (since January 2020) and was elected Chairman of Rugby Australia in June 2020. He was previously Executive Vice President, Office of the Chairman, News Corporation, and Global Chairman & CEO of Young & Rubicam (Y&R) in New York, part of WPP. Mr McLennan joined Young & Rubicam in 2002 as Chairman and CEO of Y&R Brands Australia/New Zealand and led the firm's global business operations from 2006 to 2011. He was also previously Executive Chairman and Chief Executive Officer (March 2014 to July 2015) and Chief Executive Officer and Managing Director (February 2013 to March 2014) of Ten Network Holdings Limited. He has previously served on the Boards of Directors for the United Negro College Fund (UNCF) and the US Ad Council. He is Member of Risk Committee.
Ms Karen Leslie Phin Non-Executive Director Apr 2014
Ms Venegas was Chief Compliance Officer at Platinum Asset Management in Sydney and held senior roles including Chief Compliance Officer at Dodge & Cox in the US. Marcia brings more than 20 years' experience in the financial services industry in Australia and the US, during which time she has been responsible for national and international regulatory requirements, the development and maintenance of governance, risk and compliance frameworks, licensing, proxy voting, training and liaising with regulators, auditors and clients.
Ms Marcia Paulina Venegas Company Secretary Mar 2019
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Ms Mariana Kolaroski Joint Company Secretary Apr 2021
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Kirsten Morton Chief Financial Officer
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Marcia Paulina Venegas Company Secretary
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Craig Wright Head - Governance & Advisory
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Mariana Kolaroski Joint Company Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Hsbc Custody Nominees (Australia) Limited 33,954,450 18.63%
Midas Touch Investments Pty Ltd 21,001,577 11.52%
JP Morgan Nominees Australia Limited 20,784,710 11.40%
Magellan Equities Pty Limited 17,138,949 9.40%
Citicorp Nominees Pty Limited 9,712,476 5.33%
National Nominees Limited 4,486,559 2.46%
Marsev Pty Limited 2,699,724 1.48%
Bnp Paribas Nominees Pty Ltd 1,980,302 1.09%
Mr David Doyle 1,500,000 0.82%
Aljamat Pty Ltd 1,310,000 0.72%
Bnp Paribas Noms Pty Ltd 1,242,767 0.68%
Nota Bene Investments Pty Ltd 1,166,619 0.64%
lash Pty Limited 1,130,331 0.62%
Emmanuel Capital Pty Ltd 1,000,000 0.55%
Netwealth Investments Limited 792,222 0.43%
HSBC Custody Nominees (Australia) Limited (I) 776,235 0.43%
Mr Brett William Fisher Paton & Mrs Vicki Anne Paton 770,000 0.42%
Invia Custodian Pry Limited 750,000 0.41%
Invia Custodian Pty Limited 750,000 0.41%
Mr Philip Alan Kenneth Naylor & Mrs Andrea Naylor 650,000 0.36%

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