Mirvac Group (ASX: MGR) Share Price and News

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Mirvac Group Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $9.19 billion
P/E Ratio 16.34
Dividend Yield 4.53%
Shares Outstanding 3.94 billion
Earnings per share 0.142
Dividend per share 0.11
Year To Date Return 11.41%
Earnings Yield 6.12%
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as at 24 Feb 3:44pm

  • Mirvac Group (ASX: MGR)
    Latest News

    A man cheers after winning computer game while woman sitting next to him looks upset.
    Earnings Results

    Experts forecast the ASX 200 winners and losers this earnings season

    The consensus is for solid results but lower dividends and a weaker outlook.

    Read more »

    A man thinks very carefully about his money and investments.
    Dividend Investing

    Here are 10 ASX 200 shares going ex-dividend today

    It will soon be payday for shareholders of these ASX 200 shares.

    Read more »

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    Dividend Investing

    9 ASX 200 shares trading ex-dividend next week

    Distributions are going to be flowing from multiple property businesses.

    Read more »

    A young woman wearing overalls and a yellow t-shirt kicks one leg in the air showing excitement over the latest ASX 200 shares to hit 52-week highs
    Share Gainers

    Why Bubs, Lake Resources, Mirvac, and Sayona Mining shares are rising

    These ASX shares defying the market weakness on Wednesday.

    Read more »

    Three builders analyse their blueprints on site representing the growth in the Johns Lyng share price
    Real Estate Shares

    Top broker tips 7 ASX 200 property-related shares to cash in on the 2023 budget

    Some ASX 200 real estate shares, and others related to the sector, could prove budget winners.

    Read more »

    A man sits at a desk holding a small replica house in his hand, upset at the sale of his property.
    Real Estate Shares

    3 ASX 200 building shares that could rise now that house prices have bottomed

    The experts believe house prices are on the way back up, so what does that mean for ASX shares?

    Read more »

    A male investor wearing a blue shirt looks off to the side with a miffed look on his face as the share price declines.
    Share Market News

    Why Best & Less, Deep Yellow, Mirvac, and Syrah shares are falling today

    These ASX shares are having a tough start to the week.

    Read more »

    Young businessman standing on the top of the mountain punching fist in the air.
    Share Gainers

    Here are the top 10 ASX 200 shares today

    Guess which ASX 200 stock finished the week with a 41% gain.

    Read more »

    blue arrows representing a rising share price ASX 200
    Share Market News

    Here are the 3 most heavily traded ASX 200 shares on Friday

    Some massive spikes in share prices are driving ASX 200 trading volumes this Friday.

    Read more »

    A man clenches his fists in excitement as gold coins fall from the sky.
    Share Gainers

    Why Appen, Megaport, Mirvac, and Pilbara Minerals shares are pushing higher today

    These ASX shares are ending the week on a positive note.

    Read more »

    a group of three people carry a large block to line it up in ascending order with two other blocks nearby.
    Share Market News

    Here are the 3 most heavily traded ASX 200 shares on Thursday

    There are some big share price moves driving trading volumes today.

    Read more »

    A man in his 30s holds his laptop and operates it with his other hand as he has a look of pleasant surprise on his face as though he is learning something new or finding hidden value in something on the screen.
    Broker Notes

    2 ASX 200 shares just upgraded by brokers

    Citi says buy on Carsales shares and Morgan Stanley is backing Mirvac shares for growth.

    Read more »

    Frequently Asked Questions

    Yes, Mirvac has historically paid two unfranked shareholder dividends a year in February and August.

    No, Mirvac’s dividend reinvestment plan is currently suspended. From time to time, the company offers eligible shareholders the opportunity to reinvest all or some of their dividends into additional Mirvac shares.

    Mirvac Group listed on the ASX on 16 June 1999.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    29 Jun 2023 $0.0530 0.00% Final 31 Aug 2023
    29 Dec 2022 $0.0520 0.00% Interim 28 Feb 2023
    29 Jun 2022 $0.0510 0.00% Final 31 Aug 2022
    30 Dec 2021 $0.0510 0.00% Interim 28 Feb 2022
    29 Jun 2021 $0.0510 0.00% Final 31 Aug 2021
    30 Dec 2020 $0.0480 0.00% Interim 01 Mar 2021
    29 Jun 2020 $0.0300 0.00% Final 14 Sep 2020
    30 Dec 2019 $0.0610 0.00% Interim 28 Feb 2020
    27 Jun 2019 $0.0630 0.00% Final 30 Aug 2019
    28 Dec 2018 $0.0530 0.00% Interim 28 Feb 2019
    28 Jun 2018 $0.0600 0.00% Final 31 Aug 2018
    28 Dec 2017 $0.0500 0.00% Interim 28 Feb 2018
    29 Jun 2017 $0.0000 0.00% Final 31 Aug 2017
    29 Dec 2016 $0.0490 0.00% Interim 28 Feb 2017
    29 Jun 2016 $0.0520 0.00% Final 30 Aug 2016
    29 Dec 2015 $0.0470 0.00% Interim 29 Feb 2016
    24 Jun 2011 $0.0154 0.00% Final 29 Jul 2011
    25 Mar 2011 $0.0140 0.00% Interim 29 Apr 2011
    23 Dec 2010 $0.0140 0.00% Interim 28 Jan 2011
    23 Dec 2008 $0.0196 0.00% Interim 30 Jan 2009
    24 Sep 2008 $0.0000 0.00% Interim 24 Oct 2008
    24 Jun 2008 $0.0000 0.00% Final 25 Jul 2008

    MGR ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Mirvac Group

    Mirvac Group (ASX: MGR) is a diversified property group with interests across residential and master-planned communities, office and industrial, retail, and build-to-rent sectors. The company has around $35 billion in assets currently under management, mainly in Sydney, Melbourne, Brisbane, and Perth. 

    Around 80% of Mirvac’s earnings come from a predictable commercial property portfolio, more than half of which is offices and another quarter retail. The company also holds a small industrial portfolio and a fledgling build-to-rent residential portfolio.

     

    MGR Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    09 Aug 2023 $2.33 $0.01 0.43% 18,748,473 $2.31 $2.35 $2.31
    08 Aug 2023 $2.32 $0.03 1.31% 25,429,787 $2.29 $2.33 $2.29
    07 Aug 2023 $2.29 $-0.01 -0.43% 5,849,815 $2.30 $2.32 $2.29
    04 Aug 2023 $2.30 $-0.02 -0.86% 6,363,288 $2.31 $2.32 $2.27
    03 Aug 2023 $2.32 $0.00 0.00% 8,657,156 $2.31 $2.33 $2.29
    02 Aug 2023 $2.32 $-0.04 -1.69% 8,505,797 $2.34 $2.36 $2.31
    01 Aug 2023 $2.36 $0.02 0.85% 9,347,212 $2.37 $2.38 $2.33
    31 Jul 2023 $2.34 $0.00 0.00% 8,312,090 $2.34 $2.36 $2.31
    28 Jul 2023 $2.34 $-0.03 -1.27% 11,169,828 $2.35 $2.36 $2.29
    27 Jul 2023 $2.37 $0.08 3.49% 9,227,917 $2.31 $2.39 $2.30
    26 Jul 2023 $2.29 $0.01 0.44% 12,682,595 $2.30 $2.32 $2.27
    25 Jul 2023 $2.28 $-0.05 -2.15% 11,720,924 $2.34 $2.34 $2.28
    24 Jul 2023 $2.33 $0.01 0.43% 9,999,171 $2.32 $2.33 $2.30
    21 Jul 2023 $2.32 $0.00 0.00% 9,487,612 $2.31 $2.32 $2.27
    20 Jul 2023 $2.32 $-0.03 -1.28% 12,505,061 $2.38 $2.39 $2.31
    19 Jul 2023 $2.35 $0.03 1.29% 8,379,824 $2.31 $2.37 $2.31
    18 Jul 2023 $2.32 $-0.03 -1.28% 5,968,036 $2.34 $2.35 $2.31
    17 Jul 2023 $2.35 $-0.01 -0.42% 8,324,295 $2.34 $2.36 $2.28
    14 Jul 2023 $2.36 $0.05 2.16% 11,366,159 $2.32 $2.37 $2.31
    13 Jul 2023 $2.31 $0.07 3.13% 13,365,194 $2.27 $2.33 $2.27
    12 Jul 2023 $2.24 $-0.02 -0.88% 8,608,040 $2.29 $2.30 $2.23
    11 Jul 2023 $2.26 $0.04 1.80% 7,965,222 $2.23 $2.26 $2.21

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    22 Feb 2023 Alan Sindel Buy 30 $66,000
    On-market trade. average price
    14 Feb 2023 Christine Bartlett Buy 22 $50,002
    On-market trade.
    14 Feb 2023 Damien Frawley Buy 32 $72,640
    On-market trade.
    06 Dec 2022 Jane Hewitt Buy 40 $91,400
    On-market trade. Average Price
    23 Nov 2022 Peter Nash Exercise 24 $50,750
    Conversion of securities. Volume Weighted Average Price
    23 Nov 2022 Peter Nash Buy 24 $50,750
    Conversion of securities. Volume Weighted Average Price
    23 Nov 2022 Christine Bartlett Buy 10 $21,500
    On-market trade.
    23 Nov 2022 Alan Sindel Exercise 27 $58,249
    Conversion of securities. Volume Weighted Average Price
    23 Nov 2022 Alan Sindel Buy 27 $58,249
    Conversion of securities. Volume Weighted Average Price
    15 Sep 2022 Susan Lloyd-Hurwitz Transfer 398 $829,487
    Off-market transfer.
    15 Sep 2022 Susan Lloyd-Hurwitz Transfer 398 $829,487
    Off-market transfer.
    31 Aug 2022 Alan Sindel Issued 27 $58,249
    Employee Share Ownership Plan/Directors Salary Sacrifice. Volume Weighted Average
    Price
    27,800 Rights
    31 Aug 2022 Peter Nash Issued 24 $50,750
    Employee Share Ownership Plan/Directors Salary Sacrifice. Volume Weighted Average
    Price
    24,221 Rights
    31 Aug 2022 Susan Lloyd-Hurwitz Issued 90 $190,203
    Conversion of securities.
    31 Aug 2022 Susan Lloyd-Hurwitz Exercise 90 $190,203
    Conversion of securities. 19,65,208 rights
    31 Aug 2022 Susan Lloyd-Hurwitz Issued 197 $415,491
    Issue of securities. 21,63,061 Performance Rights
    12 Aug 2022 Susan Lloyd-Hurwitz Exercise 308 $668,835
    Conversion of securities. The closing MGR security price
    12 Aug 2022 Susan Lloyd-Hurwitz Issued 308 $668,835
    Conversion of securities. The closing MGR security price
    12 Aug 2022 Susan Lloyd-Hurwitz Expiry 462 $980,135
    As advised by the company. lapsing of 462,328 Performance Rights
    20,55,781 Performance Rights
    12 Aug 2022 Christine Bartlett Buy 15 $32,550
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Ms Samantha (Sam) Joy Mostyn Non-Executive Director Mar 2015
    Ms Mostyn has experience in the Australian corporate sector both in executive and non-executive capacities, in particular in the areas of human resources, corporate and government affairs, sustainability management and diversity. Samantha has held senior executive positions including Group Executive Culture and Reputation, IAG and Global Head HR and Culture, Cable & Wireless in London. She serves on the Australian faculty of the Cambridge University Business & Sustainability Leadership Program. Samantha was previously a Director of Virgin Australia Holdings Limited (September 2012 to May 2019), a Director 2012 to May 2019), a Director of the Sydney Theatre Company, a Commissioner with the Australian Football League and the Deputy Chair of the Diversity Council of Australia.
    Mr James Morrison Millar Non-Executive Director Nov 2009
    Mr Millar was appointed a Non-Executive Director of Mirvac in November 2009. He is the former Chief Executive Officer of Ernst & Young (EY) in the Oceania Region, and was a Director on their global board. James commenced his career in the Insolvency & Reconstruction practice at EY, being involved in a number of sizeable corporate workouts. He has qualifications in both business and accounting. James is currently the Chair of the Export Finance Australia and Cambooya Pty Ltd, and a Director of Credit Corp Group Limited. James serves a number of charities and is Chair of the Vincent Fairfax Family Foundation and Director of Vincent Fairfax Ethics in Leadership Foundation.
    Mr Alan Robert(Rob) Harold Sindel Non-Executive DirectorNon-Executive Chairman Sep 2020
    Mr Sindel has over 30 years of experience obtained from CEO and executive management positions in the construction material and building products industries. He has understanding of manufacturing, sales and marketing particularly in B2B environments, strategic thinking and knowledge on navigating through market cycles. In September 2019, Rob stepped down as CEO of CSR Ltd after eight years in the role.
    Mr Campbell Hanan Chief Executive OfficerManaging Director Mar 2023
    Mr Hanan has 29 years of experience in the property and funds management industry, 12 of which were with Investa, where he served in a number of senior positions. , Campbell was the CEO of Investa Office, a role he held since 2013.
    Ms Christine Nildra Bartlett Non-Executive Director Dec 2014
    Ms Bartlett is an experienced chief executive officer and senior executive, with extensive line management experience gained through roles with IBM, Jones Lang LaSalle and National Australia Bank Limited. Her executive career has included Australian, regional and global responsibilities based in Australia, the USA and Japan. Christine brings a commercial perspective, especially in the areas of financial discipline, identifying risk, complex project management, execution of strategy, fostering innovation and taking advantage of new emerging technologies.
    Mr Peter Stanley Nash Non-Executive Director Nov 2018
    Mr Nash is currently the Chair of Johns Lyng Group Limited (appointed October 2017) and a Director of Westpac Banking Corporation (appointed March 2018) and ASX Limited (appointed June 2019). Peter was a Senior Partner with KPMG until September 2017, having been admitted to the partnership of KPMG Australia in 1993. He served as the National Chair of KPMG Australia from 2011 until August 2017, where he was responsible for the overall governance and strategic positioning of KPMG in Australia. In this role, Peter also served as a member of KPMG's Global and Regional Boards. Peter's previous positions with KPMG included Regional Head of Audit for Asia Pacific, National Managing Partner for Audit in Australia and Head of KPMG Financial Services.
    Ms Jane Hewitt Non-Executive Director Dec 2018
    Ms Hewitt has over 27 years experience in real estate development and asset management. She founded UniLodge in 1996 and pioneered the corporatisation and professional development and management of student accommodation facilities on and off university campuses in Australia and New Zealand. As an entrepreneur and founder, Jane has operational experience. Jane has worked with Social Ventures Australia and currently serves on a not-for-profit board as Chair of the Beacon Foundation.
    Mr Damien Frawley Non-Executive Director Dec 2021
    Mr Frawley has over 35 years of experience in the financial services sector, with a focus on developing and executing strategy. Prior to his QIC role, Damien was the country head of BlackRock Australia. Damien's career has also included roles at Merrill Lynch Investment Management, Barclays Global Investors and Citibank. In June 2022, Damien was appointed as Chair of Host-Plus Pty Limited and Queensland Treasury Corporation Capital Markets.
    Ms Michelle Favelle Company Secretary Dec 2019
    -
    Courtenay Smith CFO
    -
    Brett Draffen Chief Investment Officer
    -
    Michelle Favelle Company Secretary
    -
    Campbell Hanan Head of Integrated Investment Portfolio
    -
    Stuart Penklis Head of Residential
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited (i) 1,756,149,118 44.54%
    J P Morgan Nominees Australia Pty Limited 868,708,848 22.03%
    Citicorp Nominees Pty Limited 474,005,844 12.02%
    National Nominees Limited 173,351,680 4.40%
    BNP Paribas Noms Pty Ltd <Drp> 160,921,809 4.08%
    BNP Paribas Nominees Pty Ltd <Agency Lending Drp A/C> 52,614,153 1.33%
    Citicorp Nominees Pty Limited <Colonial First State Inv A/C> 40,782,129 1.03%
    Australian Foundation Investment Company Limited 29,350,000 0.74%
    HSBC Custody Nominees (Australia) Limited <Nt Comnwlth Super Corp A/C> 21,592,077 0.55%
    BNP Paribas Nominees Pty Ltd <Agency Lending Collateral > 18,690,000 0.47%
    BNP Paribas Noms(Nz) Ltd <Drp> 14,185,500 0.36%
    Solium Nominees (Australia) Pty Ltd <vsa A/C> 11,009,142 0.28%
    Djerriwarrh Investments Limited 8,900,000 0.23%
    BNP Paribas Nominees Pty Ltd ACF CLEARSTREAM 8,374,652 0.21%
    one managed investment funds Ltd <Charter Hall Maxim Property Sec> 6,850,000 0.17%
    Medich Capital Pty Ltd <Roy Medich Investment A/C> 6,033,980 0.15%
    Argo Investments Limited 6,000,551 0.15%
    HSBC Custody Nominees (Australia) Limited A/C 2 5,919,297 0.15%
    HSBC Custody Nominees (Australia) Limited (ii) 5,620,636 0.14%
    Sobeda Pty Ltd <Iweus Balance A/C> 5,065,291 0.13%

    Profile

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