middle.news
Why Magellan Raised Dividends Despite a 27% Profit Drop
9:02am on Wednesday 18th of February, 2026 AEDT
•
Financial Services
Read Story
Why Magellan Raised Dividends Despite a 27% Profit Drop
9:02am on Wednesday 18th of February, 2026 AEDT
Key Points
27% decline in statutory net profit after tax to $68.9 million
Operating profit after tax stable at $83.1 million
Earnings per share increased 5% to 48.6 cents due to share buybacks
Interim dividend raised 50% to 39.5 cents per share, fully franked
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
MAGELLAN FINANCIAL (ASX:MFG)
OPEN ARTICLE