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Mirvac Group (ASX:MGR) is eyeing higher dividend payouts after lifting its annual profit over the last financial year.The property group increased its net profit by 220 per cent to $447.3 million in fiscal 2014, aided by its recent acquisitions.
CEO Susan Lloyd-Hurwitz has described the year as tremendously successful with a number of acquisitions and disposals completed.
An unfranked dividend of 4.6 cents per security has been declared, taking the full year payout to 9 cents.
Looking ahead Mirvac has forecast an expected distribution of between 9.2 cents to 9.4 cents for the current 2015 financial year.
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Last
$2.37 |
Change
0.040(1.72%) |
Mkt cap ! $9.351B | |||
| Open | High | Low | Value | Volume |
| $2.35 | $2.38 | $2.34 | $31.18M | 13.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 103388 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 59134 | 7 |
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| Last trade - 16.14pm 12/09/2025 (20 minute delay) ? |
| MGR (ASX) Chart |