Microequities Asset Management Group Limited (ASX: MAM) - Share Price and Research

Microequities Asset Management Group Limited's (MAM) current share price is $0.56. This constitutes a price movement of 8.26% when compared to the share price 7 days ago and is -11.90% below MAM's 12-month high of $0.63 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $0.56, Microequities Asset Management Group Limited's (MAM) current share price of $0.56 constitutes a movement of or 0%. Microequities Asset Management Group Limited's (MAM) share price movement is -8.26% when compared to 7 days ago and is -11.90% below MAM's 52-week high of $0.63.

Microequities Asset Management Group Limited's (MAM) 52-week high is $0.63 which was reached on 14 Feb 2025. Relative to this, MAM's current share price of $0.56 constitutes a -$0.08 or -11.90% drop since that high of $0.63 per MAM share.

Microequities Asset Management Group Limited's (MAM) 52-week low is $0.46 which was reached on 7 Apr 2025. Relative to this, MAM's current share price of $0.56 constitutes a $0.10 or 21.98% gain since that low of $0.46 per MAM share.

Microequities Asset Management Group Limited's (MAM) current market capitalisation is $73,651,535. Market capitalisation, sometimes referred to as "market cap", is the total value of a company's or ETF's issued shares or units owned by shareholders or unitholders. Market capitalisation is equal to the market price per share or unit multiplied by the number of shares or units outstanding.

Microequities Asset Management Group Limited (MAM) last distribution or dividend was $0.02 per share and was paid on 7 Mar 2025. This last MAM distribution or dividend included 100% franking. The next dividend payment for Microequities Asset Management Group Limited (MAM) is due on 22 Sep 2025.

Upcoming ex-distribution date: 21 Feb 2025

Upcoming record date: 24 Feb 2025

Upcoming payment date: 7 Mar 2025

ETFs, such as Microequities Asset Management Group Limited (MAM), pay distributions instead of dividends. The difference is that dividends are declared by companies from part of the profits made during any given year and the company’s management decide the amount of earnings retained verses how much to pay out to investors. An ETF, like Microequities Asset Management Group Limited (MAM), must pay out all realised income. This is a combination of any dividends received plus capital gains realised from the buying and selling of underlying holdings within Microequities Asset Management Group Limited (MAM).

A distribution has three key dates:

Ex-distribution date: Date the distribution value leaves the ETF. This will normally correspond with the ETF unit price dropping in value by the same amount as the distribution.

Record date: Date someone must be on the unit registry to receive the distribution.

Payment date date: Date the distribution is paid to the unit holder.

Microequities Asset Management Group Limited (MAM) has a franking level of 100%. Franking represents the tax a company has already paid on any profit it distributes to shareholders as a dividend. Only Australian companies pay franking credits therefore you will not see franking on ETFs that invest internationally. For ETFs that are diversified across asset classes, you may see partial franking.

Microequities Asset Management Group Limited (MAM) has a current dividend yield of 8% this year. Last year's dividend yield was 6.70%. The dividend yield for MAM is a ratio that tells you the percentage of Microequities Asset Management Group Limited (MAM)'s share price that it pays out in dividends each year. The dividend yield is calculated by dividing the annual dividends by the current share price.