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.Share Price
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52 Week Range
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as at 24 Feb 3:44pm
Magellan Financial Group Ltd (ASX: MFG)
Latest News
Share Fallers
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Share Fallers
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Financial Shares
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Financial Shares
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Broker Notes
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Financial Shares
Why is the Magellan share price rising today?
ASX Share Market News
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ASX Share Market News
Magellan Financial Group shares in focus following Barrenjoey merger approval
Broker Notes
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Broker Notes
What is this broker's view on Magellan Financial Group after yesterday's disappointing results
Financial Shares
Magellan Financial Group posts March 2026 AUM drop
Frequently Asked Questions
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Founded in 2006, Magellan listed on the ASX on 1 July 2004 after taking over the ASX-listed Pengana Managers.
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Yes, Magellan Financial Group historically pays two dividends a year.
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Magellan Financial Group traditionally pays dividends in February/March and August/September.
Dividend Payment History Data provided by Morningstar.
| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 01 Sep 2026 | $0.2550 | 100.00% | Final | 16 Sep 2026 |
| 23 Feb 2026 | $0.3950 | 100.00% | Interim | 10 Mar 2026 |
| 25 Aug 2025 | $0.2100 | 100.00% | Special Cash | 09 Sep 2025 |
| 25 Aug 2025 | $0.2590 | 100.00% | Final | 09 Sep 2025 |
| 25 Feb 2025 | $0.2640 | 85.00% | Interim | 12 Mar 2025 |
| 20 Aug 2024 | $0.3570 | 50.00% | Final | 04 Sep 2024 |
| 20 Feb 2024 | $0.2940 | 50.00% | Interim | 06 Mar 2024 |
| 23 Aug 2023 | $0.3000 | 85.00% | Special Cash | 07 Sep 2023 |
| 23 Aug 2023 | $0.3980 | 85.00% | Final | 07 Sep 2023 |
| 21 Feb 2023 | $0.4690 | 85.01% | Interim | 08 Mar 2023 |
| 22 Aug 2022 | $0.6890 | 80.00% | Final | 06 Sep 2022 |
| 23 Feb 2022 | $1.1010 | 75.00% | Interim | 08 Mar 2022 |
| 23 Aug 2021 | $1.1410 | 75.00% | Final | 23 Sep 2021 |
| 16 Feb 2021 | $0.9710 | 75.01% | Interim | 25 Feb 2021 |
| 17 Aug 2020 | $1.2200 | 75.00% | Final | 26 Aug 2020 |
| 18 Feb 2020 | $0.9290 | 75.01% | 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 |
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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Magellan Financial Group Ltd
Magellan Financial Group Ltd (ASX: MFG) is an Australian-based diversified financial services group. Its heritage business is a funds manager investing in global equities and global listed infrastructure, founded in 2006.
In 2026, Magellan completed a merger with investment bank Barrenjoey Capital Partners, valuing Barrenjoey at approximately $1.6 billion, broadening the group's offering into advisory, capital markets, equities research, and private capital.
The fund management business has faced significant outflows and underperformance in recent years relative to its peers, and the group has been undertaking a broader strategic reset, including outsourcing management of some of its Global Equities funds to Vinva Investment Management.
MFG Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 22 Sep 2026 | $8.35 | $-0.08 | -0.95% | 1,500,356 | $8.49 | $8.54 | $8.35 |
| 21 Sep 2026 | $8.43 | $-0.02 | -0.24% | 840,705 | $8.45 | $8.45 | $8.34 |
| 18 Sep 2026 | $8.45 | $0.11 | 1.32% | 4,149,747 | $8.45 | $8.57 | $8.35 |
| 17 Sep 2026 | $8.34 | $-0.17 | -2.00% | 757,880 | $8.61 | $8.61 | $8.34 |
| 16 Sep 2026 | $8.51 | $0.11 | 1.31% | 844,833 | $8.40 | $8.56 | $8.30 |
| 15 Sep 2026 | $8.40 | $-0.15 | -1.75% | 975,946 | $8.63 | $8.67 | $8.35 |
| 14 Sep 2026 | $8.55 | $-0.12 | -1.38% | 796,240 | $8.73 | $8.77 | $8.50 |
| 11 Sep 2026 | $8.67 | $0.00 | 0.00% | 960,753 | $8.60 | $8.77 | $8.51 |
| 10 Sep 2026 | $8.67 | $-0.43 | -4.73% | 1,964,955 | $8.94 | $8.94 | $8.67 |
| 09 Sep 2026 | $9.10 | $0.18 | 2.02% | 1,602,482 | $8.85 | $9.31 | $8.76 |
| 08 Sep 2026 | $8.92 | $0.12 | 1.36% | 1,031,985 | $8.80 | $9.06 | $8.71 |
| 07 Sep 2026 | $8.80 | $0.06 | 0.69% | 935,775 | $8.79 | $8.84 | $8.72 |
| 04 Sep 2026 | $8.74 | $0.18 | 2.10% | 1,447,443 | $8.62 | $8.77 | $8.57 |
| 03 Sep 2026 | $8.56 | $0.25 | 3.01% | 1,558,671 | $8.38 | $8.62 | $8.33 |
| 02 Sep 2026 | $8.31 | $-0.39 | -4.48% | 4,005,333 | $8.68 | $8.76 | $8.31 |
| 01 Sep 2026 | $8.70 | $-0.28 | -3.12% | 6,056,904 | $8.61 | $8.79 | $8.43 |
| 31 Aug 2026 | $8.98 | $-0.07 | -0.77% | 2,014,249 | $9.05 | $9.19 | $8.91 |
| 28 Aug 2026 | $9.05 | $-0.45 | -4.74% | 2,712,311 | $9.25 | $9.47 | $8.92 |
| 27 Aug 2026 | $9.50 | $-1.55 | -14.03% | 3,211,833 | $10.35 | $10.51 | $9.44 |
| 26 Aug 2026 | $11.05 | $0.27 | 2.50% | 937,279 | $10.95 | $11.12 | $10.73 |
| 25 Aug 2026 | $10.78 | $0.20 | 1.89% | 659,949 | $10.59 | $10.85 | $10.48 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 28 Aug 2026 | Deborah Page AM | Buy | 5,450 | $50,249 |
On-market trade.
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| 20 May 2026 | Andrew Formica | Buy | 14,700 | $124,803 |
On-market trade. $8.49 (average) per Ordinary Fully Paid Share
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| 14 May 2026 | Deborah Page AM | Buy | 9,600 | $81,312 |
On-market trade. $8.47 (average) per Ordinary Fully Paid Share
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| 01 Apr 2026 | Sophia Rahmani | Buy | 401 | $3,388 |
Participation in share purchase plan.
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| 01 Apr 2026 | Catherine Kovacs | Buy | 1,244 | $10,511 |
Participation in share purchase plan.
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| 01 Apr 2026 | John Eales | Buy | 498 | $4,208 |
Participation in share purchase plan.
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| 01 Apr 2026 | Andrew Formica | Buy | 3,550 | $29,997 |
Participation in share purchase plan.
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| 01 Apr 2026 | Deborah Page AM | Buy | 622 | $5,255 |
Participation in share purchase plan.
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| 16 Mar 2026 | Peeyush Gupta | Buy | 24,400 | $250,780 |
On-market trade. $10.2779 (average) per Fully Paid Ordinary Share
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| 31 Oct 2025 | Sophia Rahmani | Issued | 17,614 | $181,248 |
Issue of securities.
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| 31 Oct 2025 | Sophia Rahmani | Issued | 146,743 | $1,411,667 |
Issue of securities. Matching Awards
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| 25 Sep 2025 | David Dixon | Buy | 3,000 | $28,770 |
On-market trade. $9.59 (average) per Ordinary Fully Paid Share
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Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr David Michael Gonski | Non-Executive ChairmanNon-Executive Director | Jul 2026 |
Mr Gonski served as Independent Non-Executive Chairman of Barrenjoey Capital Partners. David has experience as a company director and chair. He is currently Chairman of the University of New South Wales Foundation Limited, Emeritus Chancellor and Emeritus Professor of the University of New South Wales. He is also a Member of the Board of the Lowy Institute for International Policy, a Patron of The Australian Indigenous Education Foundation and Raise Foundation, and a Founding Panel Member of Adara Partners. He was previously Chair of the Review to Achieve Educational Excellence in Australian Schools for the Commonwealth Government of Australia. He was also a Member of the Takeovers Panel and the ASIC External Advisory Panel. He was appointed a Companion of the Order of Australia in 2007 and received the Centenary Medal in 2003. He is a member of People Committee.
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| Mrs Deborah Page AM | Non-Executive Director | Oct 2023 |
Mrs Page has industry experience across private, public sector and regulated entities, including the funds management, property, insurance and technology sectors. She has held a range of director and chair positions. She has experience in governance, corporate finance, accounting, audit, mergers and acquisitions, capital markets, insurance and joint venture arrangements. She is a Member of the Takeovers Panel and Chief Executive Women. In 2006, she was made a Member of the Order of Australia for services to public health, business and the accounting profession. She is a chair of the Risk Committee and member of the People committee.
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| Mr John Anthony Eales | Non-Executive Director | Jul 2017 |
Mr Eales has served as an executive, adviser, director and investor in a range of organisations. He co-founded the Mettle Group in 2003, a corporate consultancy that was acquired by Chandler Macleod in 2007. Prior to his executive career, he had an international rugby career with the Australian rugby team from 1991 and served as captain from 1996 to 2001. He continues to serve as a consultant to Australian and international organisations. He is Chair of the World Rugby Hall of Fame, a member of the World Rugby Council, and was a member of the Rugby Australia Bid Advisory Committee for the Rugby World Cup 2027. He was made a Member of the Order of Australia in 1999 for services to the community and rugby. He is also a Patron of Hearts in Union and the Champagnat Trust, and an ambassador for the Melanoma Institute Australia and the Australian Indigenous Education Foundation. He is the Chairman of the People Committee and member of the Risk Committee.
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| Mr Andrew James Formica | Non-Executive DirectorNon-Executive Deputy Chairman | Mar 2025 |
Mr Formica has 30 year experience in growing investment businesses within the funds management industry globally, including 14 years in chief executive officer roles. He was previously Chief Executive Officer and Director of Jupiter Asset Management plc, where he served from March 2019 to September 2022. He is a member of Risk Committee and People committee.
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| Mr Peeyush Gupta | Non-Executive Director | Nov 2025 |
Mr Gupta has over 40 year experience in the finance sector, including experience in starting and growing businesses, managing business transformation initiatives, and supporting acquisitions and growth strategies. He is currently a Non-Executive Director of Great Southern Bank, Quintessence Labs, The George Institute and Northern Territory Aboriginal Investment Corporation. He was the co-founder and inaugural Chief Executive Officer of IPAC Securities, a firm providing financial advice and institutional portfolio management with operations in Australia, New Zealand, Singapore, Hong Kong and South Africa. He has served as a director and chair across a range of sectors including financial services, insurance, government, media, accounting and technology. In 2019, he was made a Member of the Order of Australia for services to business and the community. He is the member of the Risk Committee, and the people committee.
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| Hon Kelly Megan O'Dwyer | Non-Executive Director | Jul 2026 |
Hon Dwyer served in the Australian Parliament as a Senior Cabinet Minister, holding several economic portfolios including Minister for Jobs and Industrial Relations, Minister for Revenue and Financial Services, Minister for Small Business, and Assistant Treasurer. She also served on the Cabinet's Budget Committee (the Expenditure Review Committee) and held the portfolios of Minister for Women and Minister Assisting the Prime Minister with the Public Service. Prior to entering Parliament, she worked in law, government and finance and has experience across a range of sectors including funds management, superannuation, workplace relations, foreign investment, law and banking. She is a Corporate Council Member of the European Australian Business Council, an Advisory Group Member of Kearney ANZ, and a member of Chief Executive Women.
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| Ms Catherine Louise Kovacs | Non-Executive Director | Nov 2023 |
Ms Kovacs is a financial services professional. She has 30 year experience across the financial services sector, including senior leadership roles at BT Investment Bank, Macquarie Group, Ellerston Capital. In her last executive role, she was responsible for strategic initiatives related to the future of financial services and the management of a portfolio of investments in early-stage fintech businesses. She is a member of the Risk Committee and the people committee.
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| Dr Philip William Lowe | Non-Executive Director | Jul 2026 |
Dr Lowe was Governor of the Reserve Bank of Australia from 2016 to September 2023. He was Chair of the Reserve Bank Board and Payments System Board, and Chair of the Council of Financial Regulators. His career at the Reserve Bank of Australia spanned more than 43 years, including two years at the Bank for International Settlements working on financial stability issues. He also chaired the Committee on the Global Financial System of the Bank for International Settlements from 2018 to 2023.
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| Ms Fiona Hick | Non-Executive Director | Jul 2026 |
Ms Hick has more than 30 year experience across the energy, minerals and resources sectors. She has held a range of roles, including leading global operations, with experience in engineering and technology, financial management, regulatory affairs, and people and culture. She was President of the Chamber of Minerals and Energy of Western Australia from 2021 to 2023 and Chair of its Advisory Board. In 2019, she received the Chamber of Minerals and Energy WA Outstanding Woman in Resources Award.
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| Mr Paul Compton | Non-Executive Director | Jul 2026 |
Mr Compton is Chairman of Investment Banking at Barclays Bank PLC, based in New York. Previously, he served as Global Head of Corporate and Investment Bank and President of Barclays Bank PLC, overseeing investment banking, markets and corporate banking activities. He was also Group Chief Operating Officer and Chief Executive Officer of Barclays Execution Services, responsible for operations and technology services supporting Barclays businesses globally. Before joining Barclays in 2016, he served in a variety of senior roles at JPMorgan Chase for nearly two decades and, prior to that, spent more than 10 years at Ernst and Young in Brisbane and New York
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| Mr Brian Benari | Chief Executive Officer | Jul 2026 |
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| Mr Gavin Buchanan | Chief Financial Officer | Jul 2026 |
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| Ms Sam Mosse | Company Secretary | Nov 2025 |
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| Ms Annette Spencer | Joint Company Secretary | Jul 2026 |
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| Dean McGuire | CFO |
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| Brian Benari | Chief Executive Officer |
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| Gavin Buchanan | Chief Financial Officer |
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| Sam Mosse | Company Secretary |
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| Annette Spencer | Joint Company Secretary |
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Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| Evolution Trustees Limited | 92,626,871 | 31.66% |
| HSBC Custody Nominees (Australia) Limited | 39,959,286 | 13.66% |
| Citicorp Nominees Pty Limited | 27,888,158 | 9.53% |
| JP Morgan Nominees Australia Pty Limited | 24,027,778 | 8.21% |
| BNP Paribas Nominees Pty Ltd Clearsteam | 14,286,772 | 4.88% |
| Oryxium Pty Limited Oryxium 2025 Frb | 9,350,000 | 3.20% |
| Netwealth Investments Limited Wrap Services | 4,141,790 | 1.42% |
| BNP Paribas Noms Pty Ltd | 2,762,661 | 0.94% |
| Wroxby Pty Ltd | 2,011,835 | 0.69% |
| BNP Paribas Nominees Pty Ltd Agency Lending | 1,679,752 | 0.57% |
| Mr David Doyle | 1,500,000 | 0.51% |
| Ace Property Holdings Pty Ltd | 1,250,000 | 0.43% |
| Palm Beach Nominees Pty Limited | 1,058,643 | 0.36% |
| Aljamat Pty Ltd C and D Baer Family | 1,003,550 | 0.34% |
| BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd | 941,754 | 0.32% |
| Merrill Lynch (Australia) Nominees Pty Limited | 879,812 | 0.30% |
| Glenn Hargraves Investments Pty Ltd | 650,000 | 0.22% |
| HSBC Custody Nominees (Australia) Limited Gsco Eca | 622,903 | 0.21% |
| Jash Pty Limited | 594,580 | 0.20% |
| Solium Nominees (Australia) Pty Ltd Allocated | 591,104 | 0.20% |