Mirvac Group

Mirvac Groupverified

MGR.AX

Price:

$1.88

Market Cap:

$7.42B

Mirvac is an Australian property group with a clearly defined purpose to reimagine urban life. By creating beautiful homes, inspiring workplace precincts and thriving shopping centres, we aim to make a positive contribution to our cities and communities. Mirvac was founded in 1972, which means we've been shaping Australia's urban landscape for almost fifty years. Of course, we've evolved a lot over that time growing from a small joint venture to become a thriving ASX-listed property group that leads the way in innovation, sustainability and placemaking. Renowned for the quality of our products, we've created some of Australia's most iconic places and precincts, from thriving masterplanned co...[Read more]

Industry

REIT - Office

IPO Date

1992-08-03

Stock Exchange

ASX

Ticker

MGR.AX

The Dividend Yield as of January 2025 (TTM) for Mirvac Group (MGR.AX) is 5.59%

According to Mirvac Group’s latest financial reports and current stock price. The company's current Dividend Yield is 5.59%. This represents a change of 131.15% compared to the average of 2.42% of the last 4 quarters.

Mirvac Group (MGR.AX) Historical Dividend Yield (quarterly & annually)

How has MGR.AX Dividend Yield performed in the past?

The mean historical Dividend Yield of Mirvac Group over the last ten years is 4.61%. The current 5.59% Dividend Yield has changed 21.26% with respect to the historical average. Over the past ten years (40 quarters), MGR.AX's Dividend Yield was at its highest in in the June 2020 quarter at 2.81%. The Dividend Yield was at its lowest in in the September 2009 quarter at 0.56%.

Quarterly (TTM)
Annual

Average

4.61%

Median

4.78%

Minimum

2.67%

Maximum

5.70%

Mirvac Group (MGR.AX) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Mirvac Group Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 92.87%

Maximum Annual Dividend Yield = 5.70%

Minimum Annual Increase = -53.10%

Minimum Annual Dividend Yield = 2.67%

Quarterly (TTM)
Annual
YearDividend YieldChange
20245.27%15.51%
20234.57%-11.37%
20225.15%92.87%
20212.67%-53.10%
20205.70%60.95%
20193.54%-26.75%
20184.83%2.36%
20174.72%-0.09%
20164.72%-3.29%
20154.89%16.09%

Mirvac Group (MGR.AX) Average Dividend Yield

How has MGR.AX Dividend Yield performed in the past?

The current Dividend Yield of Mirvac Group (MGR.AX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.00%

5-year avg

4.67%

10-year avg

4.61%

Mirvac Group (MGR.AX) Dividend Yield vs. Peers

How is MGR.AX’s Dividend Yield compared to its peers?

Mirvac Group’s Dividend Yield is less than Stockland (5.09%), less than The GPT Group (5.43%), less than Dexus (6.04%), less than Lendlease Group (2.56%), less than Goodman Group (0.83%),

CompanyDividend YieldMarket cap
5.09%$11.50B
5.43%$8.47B
6.04%$7.17B
2.56%$4.27B
0.83%$68.87B

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