Macquarie Group Limited (ASX:MQG) Raises Dividend to $3.90 Per Share

Macquarie Group Limited (ASX:MQG) announced a final dividend on Monday, May 12th, MarketIndexAU Dividends reports. Shareholders of record on Tuesday, July 1st will be paid a dividend of 3.90 per share on Tuesday, July 1st. This represents a yield of 1.88%. The ex-dividend date of this dividend is Sunday, May 18th. This is a 1.3% increase from Macquarie Group’s previous final dividend of $3.85.

Macquarie Group Stock Performance

The firm has a market cap of $85.98 billion, a PE ratio of 23.62, a P/E/G ratio of -1.95 and a beta of 1.12.

Macquarie Group Company Profile

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.