How much have Macquarie shares paid in dividends in the last 5 years?

Despite tumbling in 2022, the Macquarie Group Ltd (ASX: MQG) share price has surged by 87% over the last five years.

It’s no secret that volatility across global markets due to high inflation levels and rate hikes has caused distress among investors.

This led the S&P/ASX 200 Financials (ASX: XFJ) sector to tank almost 10% this year.

After falling to a 10-month low of $157.03 on 17 June, shares in the investment bank are recovering lost ground, for now.

At the time of writing, Macquarie shares are up 0.51% to $166.18.

Macquarie dividend history

Regardless of the company’s recent share price weakness, the Macquarie board has continued to pay robust dividends to shareholders.

The following are the dividends the company has distributed in the past five years.

• July 2017 – $2.80 (final dividend)

• December 2017 – $2.05 (interim dividend)

• July 2018 – $3.20 (final dividend)

• December 2018 – $2.15 (interim dividend)

• July 2019 – $3.60 (final dividend)

• December 2019 – $2.50 (interim dividend)

• July 2020 – $1.80 (final dividend)

• December 2020 – $1.35 (interim dividend)

• July 2021 – $3.35 (final dividend)

• December 2021 – $2.72 (interim dividend)

• July 2022 – $3.50 (final dividend dividend)

Calculating the above Macquarie dividends since 2017 gives us a total figure of $29.02 for every share owned.

When pitting the last two dividends against the current share price, Macquarie has a dividend yield of 3.72%.

Macquarie share price snapshot

Over the last 12 months, the Macquarie share price has risen by 7%. However, year to date, Macquarie shares are down 19%.

The company’s shares climbed throughout 2021 before hitting a snag from January 2022 onwards.

In terms of market capitalisation, Macquarie is the fourth-largest Australian bank valued at approximately $63.7 billion.

The post How much have Macquarie shares paid in dividends in the last 5 years? appeared first on The Motley Fool Australia.

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#0095C8”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#0095C8”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

• 2 ASX 200 dividend shares analysts rate highly
• Can Macquarie shares deliver an attractive dividend yield AND 30% upside in 2022?
• What’s the outlook for ASX 200 bank dividends?
• Analysts name 2 top ASX 200 dividend shares to buy now
• How does the Macquarie dividend stack up against the ASX big four banks?

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/6yjrtp5