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NYSE: MGA
Magna International Inc Stock Dividend Yield & Dates

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MGA dividend stability and growth

Last Dividend per share
$0.4500
Forward Dividend yield
2.92%
MGA's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
MGA dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MGA dividend yield vs industry/market

Company
2.92%
Industry
2.38%
MGA dividends (2.92%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGA dividends (2.92%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGA dividend payout ratio

Magna International Inc paid out 54.8% of its earnings over the trailing twelve months.
Retained earnings
45.2%
Payout ratio
54.8%
MGA earnings ($961.00M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGA vs Auto Part Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGA2.92%Yes0+54.80%
LKQ1.89%0+23.60%
BWA1.60%Yes0+19.70%
LEA2.14%No1+79.60%
ALV2.92%Yes0+58.40%

MGA dividend dates

Next dividend payment date
Dec 2, 2022
Last ex-dividend date
Nov 17, 2022

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Magna International Dividends FAQ

Does Magna International pay a dividend?

Yes, MGA has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Magna International stock.

What is Magna International's Dividend Payment Date?

Magna International's next dividend payment date is on 2022-12-02, when Magna International shareholders who owned MGA shares before 2022-11-17 will receive a dividend payment of $0.4500 per share. Add MGA to your watchlist to be reminded of MGA's next dividend payment.

Is Magna International's dividend stable?

Yes, MGA's dividend has been stable for the last 10 years.

Does Magna International have sufficient earnings to cover their dividend?

Yes, MGA's past year earnings per share was $3.25, and their annual dividend per share is $1.80. MGA's dividend payout ratio is 54.8%, which is sustainable.

How much is Magna International's dividend?

MGA pays a dividend of $1.80 per share. MGA's annual dividend yield is 2.92%. Magna International's dividend is higher than the US industry average of 2.38%, and it is lower than the US market average of 3.81%.

What is Magna International's Ex-Dividend Date?

Magna International's previous ex-dividend date was on 2022-11-17. Magna International shareholders who own MGA stock before this date will receive Magna International's next dividend payment of $0.4500 per share on 2022-12-02. Magna International's next ex-dividend date has not been announced yet. Add MGA to your watchlist to be reminded before MGA's ex-dividend date.

Is Magna International's dividend showing long-term growth?

Yes, MGA's' dividend has been growing over the last 10 years.
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