Macquarie Group Declares AUD 1.58780000 Distribution on MQGPG Capital Notes for December 2026

Shwetambri Chauhan

06 November 2026 11:23 AM AEDT

Macquarie Group Declares AUD 1.58780000 Distribution on MQGPG Capital Notes for December 2026

Image Source: Krish Capital Pty Ltd

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Macquarie Group Limited (ASX:MQG) has notified the market of a quarterly distribution of AUD 1.58780000 per security on its CAP NOTE 3-BBSW+2.65% PERP NON-CUM RED T-12-31 securities (ASX:MQGPG), with a payment date of 15 December 2026, according to a filing lodged on 6 November 2026.

Key Points

Distribution amount of AUD 1.58780000 per MQGPG security for the quarterly period ending 14 December 2026
Ex date is 27 November 2026, record date is 30 November 2026, and payment date is 15 December 2026
Total distribution rate for the period is 6.3687% per annum, comprising a base rate of 4.6740% and a fixed margin of 2.6500%
The distribution is 35% franked, with a franked amount of AUD 0.55573000 per security and a conduit foreign income amount of AUD 1.03207000 per security

MQGPG Distribution Timetable and Payment Details

The distribution covers a payment period from 15 September 2026 to 14 December 2026, spanning 91 days. The ex date has been set at 27 November 2026, with the record date falling on 30 November 2026 and the payment date scheduled for 15 December 2026. The distribution is denominated in Australian dollars and is classified as an ordinary distribution. The filing confirms no security holder approval, court approval, ACCC approval, FIRB approval, or other external conditions are required prior to business day zero of the timetable.

Distribution Rate Calculation for the Quarter

According to the filing, the distribution rate was determined using a 90-day BBSW mid rate of 4.6740% per annum recorded on the first day of the distribution period, plus a fixed margin of 2.6500% per annum, producing a combined rate of 7.3240% per annum. A franking adjustment factor of 86.9565% was then applied, based on a corporate tax rate of 30% and a franking rate of 35%, resulting in a total distribution rate of 6.3687% per annum. Applied over 91 days, this produced the distribution amount of AUD 1.5878 per security.

Franking and Conduit Foreign Income Components

The filing discloses that the distribution is partially franked at 35%, with the franked component amounting to AUD 0.55573000 per security. The applicable corporate tax rate for the franking credit is 30%. The unfranked amount per security, excluding conduit foreign income, is AUD 0.00000000, while the conduit foreign income amount per security is AUD 1.03207000. The company disclosed it does not have a securities plan for dividends or distributions on this security, and no additional tax component information apart from franking was disclosed.

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