A 50% cut to divvy is still a 8% grossed up yield at $21. And we are thinking longer term the return to value investing will occur as interest rates normalise and you actually need to do some research to make money on stocks. This will result in higher FUM and a return to 15% yield for those that bought in at $21.
Standard buying precautions apply but this is way overdone IMO.
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MFG
magellan financial group limited
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3.13%
!
$10.54

A 50% cut to divvy is still a 8% grossed up yield at $21. And we...
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Last
$10.54 |
Change
-0.340(3.13%) |
Mkt cap ! $1.812B |
Open | High | Low | Value | Volume |
$10.80 | $10.84 | $10.44 | $9.556M | 901.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $10.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.56 | 250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1 | 11.060 |
1 | 20 | 10.850 |
2 | 120 | 10.750 |
2 | 88 | 10.550 |
2 | 5002 | 10.500 |
Price($) | Vol. | No. |
---|---|---|
10.500 | 115 | 1 |
10.550 | 4400 | 1 |
10.560 | 115 | 1 |
10.580 | 1500 | 1 |
10.610 | 363 | 2 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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MFG (ASX) Chart |