Australian Finance Group Ltd (ASX: AFG) Share Price and News

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Australian Finance Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $429.17 million
P/E Ratio 14.52
Dividend Yield 5.21%
Shares Outstanding 270.77 million
Earnings per share 0.106
Dividend per share 0.08
Year To Date Return 3.53%
Earnings Yield 6.89%
Franking 100%
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as at 24 Feb 3:44pm

  • Australian Finance Group Ltd (ASX: AFG)
    Latest News

    A happy elderly woman smiles and cheers as she looks at good investment news on her laptop.
    Earnings Results

    2 ASX All Ords shares smashing the benchmark on Friday on strong earnings results

    Investors are sending these ASX All Ords stocks flying higher on Friday. But why?

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    A woman with short brown hair and wearing a yellow top looks at the camera with a puzzled and shocked look on her face as the Westpac share price goes down for no reason today
    Share Fallers

    Why Australian Finance Group, Chalice, DroneShield, and ResMed are sinking today

    These ASX shares are having a tough time on Thursday. But why?

    Read more »

    A man sits thoughtfully on the couch with a laptop on his lap.
    Share Market News

    REVEALED: Which ASX companies are the most productive in 2023?

    Productivity is a hot topic in Australia, so let's check out which publicly listed businesses are the best at it.

    Read more »

    happy business people celebrate, share rise, record price, increase
    Earnings Results

    Australian Finance Group shares rally 6% as company posts $55 million profit

    The Australian Finance Group share price is in the green today after an optimistic earnings card for FY22.

    Read more »

    excited young female in business attire and wearing glasses is holding up $100 notes in both hands.
    Dividend Investing

    Brokers predict these 2 ASX dividend shares will pay yields above 10%

    What Macquarie and Credit Suisse think about these companies in FY22 and beyond

    Read more »

    ASX shares upgrade buy Woman in glasses writing on buy on board
    Broker Notes

    Brokers rate these 2 top ASX shares as buys in February 2022

    BWX and Australian Finance Group are both rated as buys by experts.

    Read more »

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    Financial Shares

    3 ASX finance shares to buy right now (hint: no big banks)

    Forget the big four, here is a trio of financial stocks that could benefit from the post-COVID economic tailwinds.

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    shaking hands over montage suggesting a takeover or merger
    Mergers & Acquisitions

    Australian Finance Group (ASX:AFG) share price lifts on acquisition news

    The mortgage broking group is acquiring a 75% stake in Fintelligence. Here are the details

    Read more »

    ASX shares upgrade buy Woman in glasses writing on buy on board
    Growth Shares

    These 2 ASX shares are buy-rated by many analysts

    Australian Finance Group is one of the ASX shares that are buy-rated.

    Read more »

    Bank Shares

    Could liar loans crash the housing market?

    The housing market is under scrutiny after a report that liar loans are increasing.

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    Super Retail share price upgrade buy re-rating A drawing of a a superhero businessman in fron of a cityscape in silhoutte, indicating a share price earnings super cycle
    Real Estate Shares

    Australian Finance Group (ASX:AFG) share price gains on FY21 profit boost

    The ASX mortgage broking group released its FY21 results this morning.

    Read more »

    white arrow dropping down representing the 10 most shorted shares on the ASX
    Mergers & Acquisitions

    Why Australian Finance Group (ASX:AFG) shares are falling today

    Shares in the Aussie mortgage broker are under pressure right now...

    Read more »

    Frequently Asked Questions

    Yes, Australian Finance Group has historically paid two fully franked shareholder dividends a year.

    Australian Finance Group generally pays its shareholder dividends in March and September. 

    Australian Finance Group Ltd listed on the ASX on 22 May 2015.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    09 Sep 2024 $0.0400 100.00% Final 11 Oct 2024
    07 Mar 2024 $0.0400 100.00% Interim 25 Mar 2024
    04 Sep 2023 $0.0410 100.00% Final 22 Sep 2023
    06 Mar 2023 $0.0660 100.00% Interim 23 Mar 2023
    05 Sep 2022 $0.0960 100.00% Final 21 Sep 2022
    07 Mar 2022 $0.0700 100.00% Interim 24 Mar 2022
    06 Sep 2021 $0.0740 100.00% Final 23 Sep 2021
    01 Mar 2021 $0.0590 100.00% Interim 18 Mar 2021
    09 Sep 2020 $0.0470 100.00% Final 29 Sep 2020
    02 Mar 2020 $0.0540 100.00% Interim 26 Mar 2020
    06 Sep 2019 $0.0590 100.00% Final 03 Oct 2019
    04 Mar 2019 $0.0470 100.00% Interim 28 Mar 2019
    31 Aug 2018 $0.0570 100.00% Final 27 Sep 2018
    05 Mar 2018 $0.1200 100.00% Special 29 Mar 2018
    05 Mar 2018 $0.0470 100.00% Interim 29 Mar 2018
    01 Sep 2017 $0.0000 100.00% Final 28 Sep 2017
    06 Mar 2017 $0.0420 100.00% Interim 31 Mar 2017
    02 Sep 2016 $0.0540 100.00% Final 30 Sep 2016
    11 Mar 2016 $0.0300 100.00% Interim 29 Mar 2016

    AFG 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 Australian Finance Group Ltd

    Australian Finance Group Ltd (ASX: AFG) is a financial company focused on mortgage aggregation and management of home and commercial loans. It also distributes its own branded home loans under its White Label products.

    Through its broker services, technology platforms, and financial products, AFG supports more than 3,700 brokers nationally and manages around $50 billion in residential finance through its network annually. It accesses a panel of around 70 lenders with a suite of more than 7,000 individual finance products.

     

    AFG Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    02 Dec 2024 $1.59 $0.06 3.91% 359,123 $1.58 $1.60 $1.55
    29 Nov 2024 $1.54 $0.00 0.00% 165,427 $1.55 $1.56 $1.53
    28 Nov 2024 $1.53 $-0.02 -1.29% 217,726 $1.56 $1.58 $1.53
    27 Nov 2024 $1.55 $0.03 1.97% 182,501 $1.56 $1.57 $1.54
    26 Nov 2024 $1.53 $0.01 0.66% 74,541 $1.52 $1.54 $1.51
    25 Nov 2024 $1.51 $0.00 0.00% 300,906 $1.51 $1.53 $1.48
    22 Nov 2024 $1.51 $-0.01 -0.66% 109,382 $1.53 $1.55 $1.51
    21 Nov 2024 $1.52 $-0.02 -1.30% 127,315 $1.55 $1.55 $1.52
    20 Nov 2024 $1.54 $-0.06 -3.75% 359,912 $1.59 $1.59 $1.54
    19 Nov 2024 $1.60 $-0.02 -1.23% 94,115 $1.63 $1.63 $1.59
    18 Nov 2024 $1.62 $0.02 1.25% 252,052 $1.59 $1.64 $1.59
    15 Nov 2024 $1.61 $0.00 0.00% 65,789 $1.61 $1.61 $1.58
    14 Nov 2024 $1.61 $-0.03 -1.83% 394,961 $1.65 $1.65 $1.60
    13 Nov 2024 $1.64 $0.01 0.61% 190,675 $1.63 $1.65 $1.63
    12 Nov 2024 $1.63 $-0.02 -1.21% 240,443 $1.66 $1.67 $1.63
    11 Nov 2024 $1.65 $0.01 0.61% 313,700 $1.66 $1.69 $1.65
    08 Nov 2024 $1.64 $0.00 0.00% 111,632 $1.65 $1.65 $1.62
    07 Nov 2024 $1.64 $0.07 4.46% 228,349 $1.57 $1.64 $1.57
    06 Nov 2024 $1.57 $0.00 0.00% 364,175 $1.57 $1.60 $1.54
    05 Nov 2024 $1.57 $-0.02 -1.26% 148,418 $1.60 $1.60 $1.54

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Brett Murray McKeon Non-Executive Director Jul 2019
    Mr McKeon has worked for more than 35 years in the financial services industry. He has management, capital raising, public company and sales experience and is an experienced director in the public and private arenas. In addition to his role as Non-Executive Director of AFG, Mr McKeon is the Chair of Greenlane Group Pty Ltd, a privately-owned company specialising in debt and equity funding solutions for property developers, property development, mortgage fund investments and other opportunities for sophisticated and wholesale investors.
    Mr Malcolm Stephen Watkins Non-Executive Director Jul 2022
    Mr Watkins is a member of the Technology and Data Committee. For 30 years he has overseen the delivery of AFG's technology platform and tools that enable growth and has led the development and evolution of marketing initiatives to enable ongoing profitability for the Group and its network of brokers. Mr Watkins plays a role in extracting tangible returns on the Group's investments to further expand market share, profitability, and brand awareness. He served for five years on the board of one such investment, leading commercial lender Thinktank Group Pty Ltd, overseeing a period of expansion by the company, and investment in infrastructure and its people. Mr Watkins is a former board member of the industry's peak national body representing the sector, the MFAA.
    Mr Craig Gillen Carter Non-Executive Director Mar 2015
    Mr Carter is a member of the Risk and Compliance Committee. Following a career spanning 35 years in stockbroking and investment banking, specialising in corporate advice and equity capital markets, including 15 years at Macquarie Group, which was as a result of selling a business to Macquarie, Mr Carter now manages his own business interests across a range of investment activities. Mr Carter is a professional with experience in business ownership and corporate advisory. Mr Carter is the Vice President of the AFL Fremantle Football Club where he Chairs the Finance and Audit Committee and is on Bank of America's Australian Advisory Board.
    Mrs Jane Mary Muirsmith Non-Executive Director Mar 2016
    Mrs Muirsmith is Chair of the Technology and Data Committee, a member of the Risk and Compliance Committee. Ms Muirsmith is a digital and marketing strategist, having held executive positions in Sydney, Melbourne, Singapore and New York. Ms Muirsmith is Managing Director of Lenox Hill, a digital strategy and advisory firm and is a Non-Executive Director of Cedar Woods Properties Ltd, the Telethon Kids Institute and the Non-Executive Chair of HealthDirect Australia. She is a member of the Ambassadorial Council UWA Business School.
    Mr Greg Medcraft Non-Executive ChairmanNon-Executive Director Sep 2021
    Mr Medcraft is the Chair of the Risk and Compliance Committee. The first part of Mr Medcraft's career was spent with accounting firm KPMG before spending 26 years with Societe Generale in Australia, Asia, Europe and the Americas, and then as CEO of the industry group, the Australian Securitisation Forum. At Societe Generale, Mr Medcraft initially worked on corporate finance, then capital markets, structured finance, project finance and funds management before becoming Deputy Global Head of Financial Engineering, and then Managing Director and Global Head of Securitisation. When based in New York, Mr Medcraft co-founded the industry group, the American Securitization Forum, and was Chairman for a number of years. From 2009, Mr Medcraft served as Commissioner for 2 years and then 7 years as Chairman of ASIC, the corporate and market regulator. In 2017, Mr Medcraft moved to Paris as Director of the OECD's Directorate of Financial and Enterprise Affairs. Mr Medcraft also serves as a director of the Digital Finance Co-operative Research Centre, Thinktank Group Pty Ltd and is Co-Chair of London based industry group Global Digital Finance Ltd. He is a Senior Board Advisor to Washington based Infraclear Inc.
    Ms Annette King Non-Executive Director Feb 2022
    Ms King is a member of the Risk and Compliance Committee and a member of the Technology and Data Committee. Ms King is an experienced company director, former CEO and actuary, with over 30 years of experience in financial services across Asia-Pacific. Prior to becoming a non-executive director, Ms King had a track record as a CEO, CFO and CMO of financial institutions, as well as being a founder/entrepreneur. Ms King has served companies (Swiss Re, AXA, Manulife, Mercer, MLC Super) and fintech companies (FNZ, Galileo Platforms). Her focus is on business growth through client experience, organisational culture and innovation via digital and technology enablement. Ms King serves on the boards of HCF, Swiss Re, and U Ethical Investors and is a member of the Public Policy Committee of the Actuaries Institute of Australia. She was previously President and Chair of the Actuaries Institute and President of the Life Insurance Association of Singapore.
    Mr David James Bailey Chief Executive Officer Mar 2017
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    Ms Michelle Palethorpe Company Secretary Jun 2023
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    David James Bailey Chief Executive Officer
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    Luca Pietropiccolo Chief Financial Officer
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    Lisa Bevan Chief Operating Officer
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    Michelle Palethorpe Company Secretary
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    HSBC Custody Nominees (Australia) Limited i 53,653,442 19.82%
    J P Morgan Nominees Australia Pty Limited 28,518,853 10.53%
    MBM Investments Pty Ltd 16,332,632 6.03%
    Citicorp Nominees Pty Limited 16,228,582 5.99%
    National Nominees Limited 16,072,293 5.94%
    Banyard Holdings Pty Ltd 14,788,765 5.46%
    Perpetual Corporate Trust Ltd 12,345,025 4.56%
    Oceancity Investments Pty Ltd 5,500,000 2.03%
    HSBC Custody Nominees (Australia) Limited ii 5,085,515 1.88%
    Invia Custodian Pty Limited 2,243,637 0.83%
    Assured Financial Services Pty Ltd 2,050,000 0.76%
    David Bailey 2,038,922 0.75%
    BNP Paribas Nominees Pty Ltd i 1,784,874 0.66%
    Precision Opportunities Fund Ltd 1,500,000 0.55%
    Lisa Bevan 1,418,333 0.52%
    Egmont Pty Ltd 1,400,000 0.52%
    BNP Paribas Nominees Pty Ltd ii 1,347,358 0.50%
    BNP Paribas Nominees Pty Ltd iii 1,327,893 0.49%
    Adrien Mann (South Pacific) Pty Ltd 1,110,000 0.41%
    UBS Nominees Pty Ltd 1,061,451 0.39%

    Profile

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