Mader (MAD) is held by 3 ASX ETFs. Over the last 3 months it fell 19.5%: on $10,000, −$1950. We explain 1 big move in that time.
About MAD
- SectorIndustrials
- IndustryCommercial & Professional Services
- Size$1.3b
- Held by3 ETFs
- Big moves1 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
Held by 3 ETFs
Of every $10,000 in each fund, how much is in MAD today.
Why did MAD fall 8.4% on 25 Aug 2026?
Mader
Mader Group fell sharply after its FY26 results announcement showed record $1 billion revenue but the company withheld its dividend to fund growth, disappointing income-oriented investors.
The news headline published just 36 minutes before detection explicitly states Mader delivered record $1B revenue but withheld the FY26 dividend, which is a strong candidate for the sell-off given the timing alignment. The sector index (AXMJ Materials) was actually up +0.83% on the same day, meaning the move is entirely stock-specific and not sector-driven, ruling out sector flow or commodity causes. No ASX announcement was captured in Layer 1, but the Kalkine article closely preceding the detection window, combined with the pre-announced results date of 25 August 2026, strongly suggests the dividend omission — rather than the earnings result itself — was the primary market disappointment driving the -6.35% decline.
Written by a language model from the evidence below, and it can be wrong. Tell us and we will fix or remove it. General information only, not financial product advice. It does not consider your objectives, finances or needs. Past performance is not a guide to future performance.
Evidence
News coverage
Sector / macro signals
What it did to the 3 ETFs holding MAD
On $10,000 in each fund, at the weight it holds today