MQG News: Macquarie Group (ASX:MQG) Is Paying Out Less In Dividends Than Last Year - 6th Nov 2023, 10:31am

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Macquarie Group Limited's (ASX:MQG) dividend is being reduced by 15% to A$2.55 per share on 19th of December, in comparison to last year's comparable payment of A$3.00. Despite the cut, the dividend yield of 4.6% will still be comparable to other companies in the industry.

View our latest analysis for Macquarie Group

Macquarie Group's Dividend Forecasted To Be Well Covered By Earnings

Unless the payments are sustainable, the dividend yield doesn't mean too much.

Macquarie Group has a long hi...

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