Magna International Inc Stock Dividends
MGA pays dividends quarterly. Last paid amount was $0.475 at Mar 08, 2024. As of today, dividend yield (TTM) is 4.36%.
Dividend Yield Range
AI Analysis of MGA
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.36% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 3.26% |
| Payout Ratio | 0 |
| Amount Per Share | $0.475 |
| Next Ex-Dividend Date | May 16, 2024 |
| Next Payment Date | May 31, 2024 |
MGA Dividend Payout History
To ensure a understanding of MGA's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 21 | May 08, 2019 | May 23, 2019 | Jun 07, 2019 | $0.365 | 0.82% |
| 22 | Feb 22, 2019 | Mar 07, 2019 | Mar 22, 2019 | $0.365 | 0.769% |
| 23 | Nov 07, 2018 | Nov 23, 2018 | Dec 07, 2018 | $0.330 | 0.725% |
| 24 | Aug 07, 2018 | Aug 30, 2018 | Sep 14, 2018 | $0.330 | 0.609% |
| 25 | May 09, 2018 | May 24, 2018 | Jun 08, 2018 | $0.330 | 0.499% |
| 26 | Feb 22, 2018 | Mar 08, 2018 | Mar 23, 2018 | $0.330 | 0.620% |
| 27 | Nov 09, 2017 | Nov 22, 2017 | Dec 08, 2017 | $0.275 | 0.490% |
| 28 | Aug 11, 2017 | Aug 30, 2017 | Sep 15, 2017 | $0.275 | 0.530% |
| 29 | May 11, 2017 | May 24, 2017 | Jun 09, 2017 | $0.275 | 0.605% |
| 30 | Feb 24, 2017 | Mar 08, 2017 | Mar 24, 2017 | $0.275 | 0.645% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MGA Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGA dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGA stock here.
Comparing MGA to Sector and Country
MGA pays a solid dividend yield of 4.36%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.634%). MGA’s dividend yield is lower than the average of the top 25% of dividend payers in the Consumer Cyclical sector in the US market (6.68%), which means that there are more attractive dividend stocks to consider.
MGA Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Magna International Inc | 13.821B | $0.475 | 4.36% | 51.73% |
