Macquarie Group Ltd (ASX:MQG) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as A$137.30 ($97.38) and last traded at A$136.72 ($96.96), with a volume of 692221 shares changing hands. The stock had previously closed at A$136.24 ($96.62).
The firm’s 50 day moving average is A$132.78 and its 200-day moving average is A$127.63. The firm has a market cap of $49.01 billion and a PE ratio of 15.16.
The firm also recently disclosed a interim dividend, which will be paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 18th will be given a $2.50 dividend. The ex-dividend date is Monday, November 11th. This represents a yield of 1.86%. This is a boost from Macquarie Group’s previous interim dividend of $2.15. Macquarie Group’s payout ratio is currently 55.38%.
Macquarie Group Limited provides diversified financial services in Australia, Europe, the Middle East, Africa, Americas, and the Asia Pacific. The company operates in five segments: Macquarie Asset Management (MAM), Corporate and Asset Finance (CAF), Banking and Financial Services (BFS), Commodities and Global Markets (CMG), and Macquarie Capital.
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