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 $1.52 billion
P/E Ratio 9.97
Dividend Yield 5.66%
Shares Outstanding 168.02 million
Earnings per share 0.927
Dividend per share 0.52
Year To Date Return -7.41%
Earnings Yield 10.03%
Franking 100%
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as at 24 Feb 3:44pm

  • Magellan Financial Group Ltd (ASX: MFG)
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    Frequently Asked Questions

    Founded in 2006, Magellan listed on the ASX on 1 July 2004 after taking over the ASX-listed Pengana Managers.

    Yes, Magellan Financial Group historically pays two dividends a year.

    Magellan Financial Group traditionally pays dividends in February/March and August/September.

    Dividend Payment History Data provided by Morningstar.

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

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Magellan Financial Group Ltd

    Magellan Financial Group (ASX: MFG) is an Australian-based funds manager investing in global equities and global listed infrastructure.

    Founded in 2006, the group gained an international reputation on the back of its successful investments, attracting global as well as Australian investors.

    Coinciding with management changes, the fund's performance has slipped in recent years, seeing it underperform many of its peers. This has resulted in a significant outflow of funds under management as well as a steep decline in Magellan's share price.

    MFG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    13 Jan 2026 $9.05 $-0.15 -1.63% 654,603 $9.15 $9.16 $9.01
    12 Jan 2026 $9.20 $0.16 1.77% 583,245 $9.06 $9.32 $9.06
    09 Jan 2026 $9.04 $-0.20 -2.16% 631,706 $9.24 $9.26 $9.02
    08 Jan 2026 $9.24 $-0.06 -0.65% 539,404 $9.00 $9.26 $8.91
    07 Jan 2026 $9.30 $0.12 1.31% 402,088 $9.10 $9.36 $9.03
    06 Jan 2026 $9.18 $-0.15 -1.61% 450,423 $9.41 $9.49 $9.16
    05 Jan 2026 $9.33 $-0.58 -5.85% 524,047 $9.89 $9.93 $9.31
    02 Jan 2026 $9.91 $-0.07 -0.70% 212,306 $9.98 $9.98 $9.84
    31 Dec 2025 $9.98 $0.16 1.63% 339,162 $9.82 $9.98 $9.77
    30 Dec 2025 $9.82 $0.06 0.61% 249,786 $9.80 $9.92 $9.72
    29 Dec 2025 $9.76 $-0.29 -2.89% 447,169 $10.05 $10.06 $9.75
    24 Dec 2025 $10.05 $0.13 1.31% 469,590 $9.86 $10.05 $9.80
    23 Dec 2025 $9.92 $0.07 0.71% 574,760 $9.75 $9.96 $9.75
    22 Dec 2025 $9.85 $0.37 3.90% 466,632 $9.50 $9.86 $9.48
    19 Dec 2025 $9.48 $-0.03 -0.32% 696,043 $9.30 $9.56 $9.30
    18 Dec 2025 $9.51 $0.09 0.96% 603,249 $9.14 $9.51 $9.14
    17 Dec 2025 $9.42 $-0.04 -0.42% 540,257 $9.41 $9.53 $9.36
    16 Dec 2025 $9.46 $-0.04 -0.42% 406,068 $9.50 $9.51 $9.36

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    31 Oct 2025 Sophia Rahmani Issued 17,614 $181,248
    Issue of securities.
    31 Oct 2025 Sophia Rahmani Issued 146,743 $1,411,667
    Issue of securities. Matching Awards
    25 Sep 2025 David Dixon Buy 3,000 $28,770
    On-market trade. $9.59 (average) per Ordinary Fully Paid Share
    19 Sep 2025 Sophia Rahmani Buy 971 $9,991
    On-market trade.
    27 Aug 2025 David Dixon Buy 2,000 $20,420
    On-market trade. average
    21 Feb 2025 Andrew Formica Buy 10,750 $96,535
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr David Dixon Non-Executive Deputy ChairmanNon-Executive Director Dec 2022
    Mr Dixon has over 30 years of experience in leading and growing investment businesses within the funds management industry. He has experience as a senior investment leader, board trustee and director of companies. From 2013 to 2020, he was Chief Investment Officer, Equities at First Sentier Investors (formerly Colonial First State Global Asset Management) (FSI). In this role, he was responsible for the Australian based equity teams managing domestic and international equities. He also was responsible for the global equities dealing teams in Australia and overseas. From 2003 to 2013 he was FSI's Global Chief Investment Officer, where he was responsible for the investment functions within the entity, of the Australian and global equities, global infrastructure, global resources, global property, quantitative equities, fixed income, private equity investments, economics and market research. He is also a member of Risk Committee.
    Mrs Deborah Page AM Non-Executive Director Oct 2023
    Mrs Page is Chair of Risk Committee. She has industry experience spanning various ASX listed, private, public sector and regulated entities including in the funds management, property, utilities, insurance, technology and renewables sectors. She brings governance, Board and Audit Committee Chair experience as well as corporate finance, accounting, audit, mergers and acquisitions, capital markets, insurance and joint venture arrangements.
    Mr John Anthony Eales Non-Executive Director Jul 2017
    Mr Eales is member of the Risk Committee. He has served as an executive, adviser, director and investor in several listed and unlisted private organisations. He co-founded the Mettle Group in 2003 a corporate consultancy which was acquired by Chandler Macleod in 2007.
    Mr Andrew James Formica Non-Executive ChairmanNon-Executive Director Jul 2023
    Mr Formica has 30 years of experience in leading and growing investment businesses within the funds management industry globally, 14 years of which were as CEO. Most recently, he was CEO and Director of Jupiter Asset Management plc, where he served from March 2019 to September 2022. Prior to this, he was Co-CEO of Janus Henderson Group plc, and prior was the Chief Executive and a Board member of Henderson Group plc (Henderson) from 2008 before the merger with Janus Capital in 2017. He was at Henderson and its prior business from 1993 and held various senior roles, including Joint Managing Director of Henderson's Listed Assets business (from September 2006) and Head of Equities (from September 2004). In the early part of his career, he was an equities portfolio manager and analyst for AMPAM and Henderson. He is also member of the Risk Committee.
    Mr Peeyush Gupta Non-Executive Director Nov 2025
    Mr Gupta has forty years experience in the finance sector. Mr Gupta is currently Chair of Liberty Financial Group Limited and a Non-Executive Director of Dexus, Great Southern Bank, Chartered Accountants Australia and New Zealand, Quintessence Labs, NSW Cancer Council Investment Committee. The George Institute and Northern Territory Aboriginal Investment Corporation.Mr Gupta was the co-founder and inaugural CEO 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 was also a Non-Executive Director of National Australia Bank and Link Administration Holdings Limited. He has served as a Director and Chair on boards across a variety of sectors including financial services, insurance, govemment, media, accounting and technology.
    Ms Catherine Louise Kovacs Non-Executive Director Nov 2023
    Ms Kovacs is financial services professional, currently serving on the boards of ASX listed, private and not profit companies. She is a Non-Executive Director of wealth tech HUB24 (appointed July 2021), international payments provider OFX (appointed February 2021), Universities Admission Centre (UAC) for ACT and NSW, and lendtech Grapple Holdings Limited. She has 30 years of experience across the financial services sector including senior leadership roles at BT Investment Bank, Macquarie Group, Ellerston Capital and Westpac Banking Group. In her last executive role, she was responsible for driving Westpac's strategic initiatives towards the future of financial services and managing a portfolio of investments in early stage innovative and fintech businesses.
    Ms Sophia Rahmani Chief Executive OfficerManaging Director Mar 2025
    Ms Rahmani has over 20 years of experience in financial services with a focus on leading and growing asset management businesses within Australia and globally. Most recently, she was the Chief Executive Officer and Managing Director of Maple-Brown Abbott from October 2019 to March 2024, where she led the firm's growth in investment capabilities, offerings, services and distribution channels. Prior to this, she was the Chief Operating Officer, Pan Asia, for Janus Henderson Investors based in Singapore, having previously been with Henderson Global Investors as Chief Operating Officer, Australia, from 2013 where she was a member of the team responsible for establishing and growing the business in Australia.
    Ms Sam Mosse Company Secretary Nov 2025
    -
    Dean McGuire Chief Financial Officer
    -
    Sam Mosse Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited 43,895,309 25.52%
    Citicorp Nominees Pty Limited 28,201,843 16.40%
    JP Morgan Nominees Australia Pty Limited 19,205,177 11.17%
    Netwealth Investments Limited Wrap Services 3,722,242 2.16%
    BNP Paribas Nominees Pty Ltd 2,135,557 1.24%
    National Nominees Limited 1,716,594 1.00%
    Mr David Doyle 1,500,000 0.87%
    BNP Paribas Nominees Pty Ltd Agency Lending 1,262,589 0.73%
    ACE Property Holdings Pty Ltd 1,200,000 0.70%
    Aljamat Pty Ltd - C & D Baer Family 1,000,000 0.58%
    BNP Paribas Nominees Pty Ltd Barclays 853,080 0.50%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd 723,214 0.42%
    IOOF Investment Services Limited IPS Superfund 702,941 0.41%
    Glenn Hargraves Investments Pty Ltd 650,000 0.38%
    Jash Pty Limited 591,030 0.34%
    BNP Paribas Nominees Pty Ltd IB AU Noms Retailclient 465,066 0.27%
    Mr Frank Casarotti 450,000 0.26%
    Ubs Nominees Pty Ltd 381,205 0.22%
    Alamdo Holdings Pty Limited 367,239 0.21%
    Solium Nominees (Australia) Pty Ltd Allocated 338,522 0.21%

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