Today we look at the Macquarie Group Ltd [ASX:MQG] share price in the context of its dividend cut. At the time of writing, The MQG share price is up 3.73%, trading at $103.26. An MQG share price rise on a day when they announced a dividend cut could indicate..
While Macquarie and ANZ are trading ex-dividend, the share price of CBA was down on the revelation that its third quarter profit fell 28% to $1.7 billion in the three months to March.
Although weathering the storm that has ravaged Australia’s retail banks relatively well, prevailing market conditions has forced the investment bank to drop its profit guidance for next year.
Macquarie Group Ltd’s [ASX:MQG] shares dropped by 2.47% this morning, translating to a loss of $3.15 on its overall share price — its sharpest drop this week.
Shares in Macquarie Group Ltd [ASX:MQG] rose by 3.5% on Friday. The stock handily outperformed an Aussie share market that struggled for direction...
The Macquarie Group Ltd Share Price rose by 5.35% today. The stock handily outperformed an Aussie share market that struggled for direction.