Macquarie Group Limited (ASX:MQG) Announces Dividend Increase – $3.90 Per Share

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

Macquarie Group Price Performance

The company has a market capitalization of $85.98 billion, a PE ratio of 23.62, a PEG ratio of -1.95 and a beta of 1.12.

About Macquarie Group

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.