MGR has been a stellar performer in 2025 having already advanced +25% and we’re not even half-way through the year. The property developer’s advance is maturing with rate cuts and a healthy property market slowly being built into its share price, though we still believe there’s some juice left in the tank, when the rate cuts come to pass. Additionally, its 4.5% yield remains supportive, with its next dividend forecast to be 5.5c unfranked, paid on the 26th of this month.
- We had considered switching from MGR earlier in the year, but at this stage, it feels too soon: MM is holding MGR in its Active Growth Portfolios.
MM is long and bullish MGR
Add To Hit List
