MFG magellan financial group limited

why would that mean reduced dividends? every share they buy back...

  1. 5,153 Posts.
    lightbulb Created with Sketch. 151
    why would that mean reduced dividends? every share they buy back is less dividends they need to fork out....also there will be a lag in fum losses and their invesment fee income.....income / cash righr now will still be good enough to fund this
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$8.09
Change
-0.320(3.80%)
Mkt cap ! $1.396B
Open High Low Value Volume
$8.33 $8.55 $7.98 $13.93M 1.715M

Buyers (Bids)

No. Vol. Price($)
1 1000 $8.07
 

Sellers (Offers)

Price($) Vol. No.
$8.10 1141 2
View Market Depth
Last trade - 16.14pm 23/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.