Shares of Macquarie Group Ltd (ASX:MQG) reached 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$132.57 and its 200-day moving average is A$127.59. The firm has a market cap of $48.02 billion and a price-to-earnings ratio of 15.75.

The firm also recently disclosed a interim dividend, which will be paid on Wednesday, December 18th. Investors of record on Wednesday, December 18th will be paid a $2.50 dividend. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend is Monday, November 11th. This is a positive change from Macquarie Group’s previous interim dividend of $2.15. Macquarie Group’s payout ratio is presently 66.24%.

In other news, insider Shemara Wikramanayake 37,353 shares of the stock in a transaction that occurred on Thursday, August 15th.

Macquarie Group Company Profile (ASX:MQG)

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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