MFG 0.50% $10.07 magellan financial group limited

Feb divi, page-4

  1. 1,650 Posts.
    lightbulb Created with Sketch. 123
    I'm basing that on MFG's stated dividend payment policy and expectations of NPAT for the half year. Remember they have stated that the St James mandate had a negligible impact on 1HY.

    The dividend policy is not a function of the shareprice, at least MFG have never stated that.

    I'm sticking with my view unless I am given good reasons not to.
 
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