Does Macquarie Group Limited (MQBKY) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Macquarie Group Limited (MQBKY) pays a dividend yielding about 3.25% as of October 2026, paid twice a year. The latest payment on record was $3.05 per share, ex-dividend May 19, 2026. The forward annual rate is roughly $4.40 per share, about $325 a year on a $10,000 position before tax. The payout takes about 67% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Macquarie Group Limited (MQBKY) pay a dividend?
Yes. Macquarie Group Limited distributes a dividend yielding roughly 3.25% as of October 2026, paid twice a year. The most recent payment on record was $3.05 per share, with an ex-dividend date of May 19, 2026. Annualized, that is about $4.40 per share.
Using the A$238.80 average price of the June 2026 employee share purchase, the ordinary shares traded at roughly 19 times FY26 earnings per share, and the A$7.00 dividend was a yield of about 2.9% before withholding. FY26 profit included sizeable one-off gains, so that multiple looks lower than it would on a normalised year. Second-half FY26 profit of A$3.19 billion was up 93% on the first half, a sign of how uneven earnings are. Operating expenses rose 5%, slower than income. Management gave no numerical FY27 guidance, only business-by-business directions and a cautious stance on capital, funding and liquidity, and US dollar figures for MQBKY will also move with the Australian dollar.
MQBKY dividend at a glance
| 2026-05-19 | $3.048 |
| 2025-05-22 | $2.55 |
| 2024-11-12 | $1.711 |
| 2024-05-13 | $2.545 |
| 2023-11-14 | $1.643 |
| 2023-05-19 | $3.033 |
MQBKY dividend data as of October 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MQBKY's investor relations page before relying on it.
Is the MQBKY dividend covered?
Macquarie Group Limited paid out about 67% of its earnings as dividends, so the dividend takes a large share of earnings. It is covered, but future increases depend more on earnings growth than on stretching the payout further, and a bad year leaves less cushion.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the MQBKY dividend has changed
The latest payment of $3.05 per share compares with $1.71 in the equivalent payment a year earlier (November 12, 2024). We are not quoting a growth rate from those two figures, because a change that large usually means a share split or a gap in the stored history rather than a real raise.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on MQBKY's investor relations page.
What MQBKY's dividend means for you
- Income: about $325 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for MQBKY the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How MQBKY dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the MQBKY dividend
Macquarie Group Limited (MQBKY) pays about 3.25%, or roughly $4.40 per share a year. That is a genuine income yield, so the payout is a real part of the case for holding it, and the coverage question above is the one to answer first. For the full picture see the MQBKY guide. Walnut can show how MQBKY fits your real portfolio. It is not an investment adviser.
Investing in Macquarie Group Limited with AI
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FAQ
Does Macquarie Group Limited (MQBKY) pay a dividend?
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Yes. Macquarie Group Limited pays a dividend yielding roughly 3.25% as of October 2026, paid twice a year. The most recent payment on record was $3.05 per share with an ex-dividend date of May 19, 2026. That works out to a forward annual rate of about $4.40 per share. Yields move with the share price, so verify the current figure with your broker or MQBKY's investor relations page before relying on it.
What is MQBKY's dividend yield?
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About 3.25% as of October 2026. On a $10,000 position that is roughly $325 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so MQBKY yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does MQBKY pay its dividend?
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Macquarie Group Limited pays twice a year. The most recent payment on record had an ex-dividend date of May 19, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on MQBKY's investor relations page, because boards can change both the amount and the timing.
When is MQBKY's ex-dividend date?
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The ex-dividend date recorded in our October 2026 data pull is November 18, 2025. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check MQBKY's investor relations page for the next confirmed date.
Has Macquarie Group Limited raised its dividend recently?
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Yes. The latest payment of $3.05 per share is above the $1.71 paid in the same slot a year earlier. One raise is not a policy, though: check the multi-year record on MQBKY's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is MQBKY's dividend safe?
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Macquarie Group Limited paid out about 67% of its earnings as dividends, so the dividend takes a large share of earnings. It is covered, but future increases depend more on earnings growth than on stretching the payout further, and a bad year leaves less cushion. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in MQBKY?
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At a yield of about 3.25%, roughly $325 a year before tax, spread across 2 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are MQBKY dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest MQBKY dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each MQBKY payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Macquarie Group pay a dividend?
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Yes. Macquarie paid A$7.00 per share for FY26 (A$2.80 interim and A$4.20 final), 35% franked, with the final paid on 2 July 2026. The policy is a 50% to 70% annual payout ratio. ADR holders receive US dollars after currency conversion, depositary fees and Australian withholding tax on the unfranked portion, generally 15% for US residents under the tax treaty.
Walnut is informational, not investment advice. Dividend figures on this page come from a October 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with MQBKY's investor relations page or your broker before acting on them.