Magnolia Oil & Gas Corp. Stock Dividends
MGY pays dividends quarterly. Last paid amount was $0.130 at Mar 01, 2024. As of today, dividend yield (TTM) is 2.21%.
Dividend Yield Range
AI Analysis of MGY
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.21% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 13.04% |
| Payout Ratio | 0 |
| Amount Per Share | $0.130 |
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Magnolia Oil & Gas Corp. has not yet announced its next dividend date. Last payment date was: Mar 01, 2024.
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MGY Dividend Payout History
To ensure a understanding of MGY'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 | |
|---|---|---|---|---|---|
| 1 | Feb 15, 2024 | Feb 15, 2024 | Mar 01, 2024 | $0.130 | 0.565% |
| 2 | Oct 30, 2023 | Nov 08, 2023 | Dec 01, 2023 | $0.120 | 0.548% |
| 3 | Jul 31, 2023 | Aug 09, 2023 | Sep 01, 2023 | $0.115 | 0.493% |
| 4 | May 01, 2023 | May 10, 2023 | Jun 01, 2023 | $0.115 | 0.599% |
| 5 | Jan 31, 2023 | Feb 09, 2023 | Mar 01, 2023 | $0.115 | 0.514% |
| 6 | Oct 27, 2022 | Nov 04, 2022 | Dec 01, 2022 | $0.100 | 0.390% |
| 7 | Aug 02, 2022 | Aug 11, 2022 | Sep 01, 2022 | $0.100 | 0.444% |
| 8 | Feb 03, 2022 | Feb 11, 2022 | Mar 01, 2022 | $0.200 | 0.89% |
| 9 | Aug 02, 2021 | Aug 11, 2021 | Sep 01, 2021 | $0.0800 | 0.514% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
MGY Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGY 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 MGY stock here.
Comparing MGY to Sector and Country
MGY pays a solid dividend yield of 2.21%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.45%). MGY’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.10%), which means that there are more attractive dividend stocks to consider.
MGY Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Magnolia Oil & Gas Corp. | 4.544B | $0.130 | 2.21% | 22.68% | |
| Southwestern Energy | 7.963B | $0.0075 | 0% | - |
