- Macquarie Group has declared a final dividend of AU$3.5 per share for FY22.
- The record date for the final ordinary dividend is 17 May 2022.
- The dividend yield of MQG shares stands at a lucrative 4.15%.
Macquarie Group Limited (ASX:MQG), one of the prestigious financial groups of Australia, has recently declared the final dividend payout for the financial year 2022. On 6 May 2022, the group came out with its FY22 earnings, declaring a net profit of AU$4.7 billion, noticeably higher than FY21 profit of AU$3.01 billion.
The increased profit figure allowed the group to pay a final dividend of AU$3.5 per ordinary share. This results in a total ordinary dividend for FY22 of AU6.22 per share, up from AU$4.70 per share in the prior year, a 32% jump.