MQGPD News: Macquarie Group's (ASX:MQG) Shareholders Will Receive A Bigger Dividend Than Last Year - 10th May 2022, 6:00am

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Macquarie Group Limited's (ASX:MQG) dividend will be increasing to AU$3.50 on 4th of July. Based on the announced payment, the dividend yield for the company will be 3.4%, which is fairly typical for the industry.

Check out our latest analysis for Macquarie Group

Macquarie Group's Earnings Easily Cover the Distributions

Unless the payments are sustainable, the dividend yield doesn't mean too much. Based on the last payment, Macquarie Group was quite comfortably earning enough to cover the div...

>>> Read more: Macquarie Group's (ASX:MQG) Shareholders Will Receive A Bigger Dividend Than Last Year
 
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