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NYSE: MGY
Magnolia Oil & Gas Corp Stock Dividend Yield & Dates

MGY dividend stability and growth

Last Dividend per share
$0.1300
Forward Dividend yield
2.43%

MGY dividend yield vs industry/market

Company
1.83%
Industry
3.59%
MGY dividends (1.83%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGY dividends (1.83%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGY dividend payout ratio

Magnolia Oil & Gas Corp paid out 23.3% of its earnings over the trailing twelve months.
Retained earnings
76.7%
Payout ratio
23.3%
MGY earnings ($388.30M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGY vs Oil and Gas Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGY1.83%1+23.30%
CPG4.93%No9+46.20%
SM1.26%No1+9.10%
NOG3.91%0+14.80%
ERF1.22%No4+10.60%

MGY dividend dates

Last dividend payment date
Mar 1, 2024
Last ex-dividend date
Feb 15, 2024

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Magnolia Oil & Gas Dividends FAQ

Does Magnolia Oil & Gas pay a dividend?

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


If you're new to stock investing, here's how to buy Magnolia Oil & Gas stock.

What is Magnolia Oil & Gas's Dividend Payment Date?

Magnolia Oil & Gas's last dividend payment date was on 2024-03-01, when Magnolia Oil & Gas shareholders who owned MGY shares before 2024-02-15 received a dividend payment of $0.1300 per share. Magnolia Oil & Gas's next dividend payment date has not been announced yet. Add MGY to your watchlist to be reminded of MGY's next dividend payment.

Is Magnolia Oil & Gas's dividend stable?

MGY has less than 10 year of dividend history, so we cannot evaluate if MGY's dividend has long-term stability.

Does Magnolia Oil & Gas have sufficient earnings to cover their dividend?

Yes, MGY's past year earnings per share was $2.04, and their annual dividend per share is $0.48. MGY's dividend payout ratio is 23.3%, which is sustainable.

How much is Magnolia Oil & Gas's dividend?

MGY pays a dividend of $0.48 per share. MGY's annual dividend yield is 1.83%. Magnolia Oil & Gas's dividend is lower than the US industry average of 3.59%, and it is lower than the US market average of 4.12%.

What is Magnolia Oil & Gas's Ex-Dividend Date?

Magnolia Oil & Gas's previous ex-dividend date was on 2024-02-15. Magnolia Oil & Gas shareholders who own MGY stock before this date received Magnolia Oil & Gas's last dividend payment of $0.1300 per share on 2024-03-01. Magnolia Oil & Gas's next ex-dividend date has not been announced yet. Add MGY to your watchlist to be reminded before MGY's ex-dividend date.

Is Magnolia Oil & Gas's dividend showing long-term growth?

MGY has less than 10 years of dividend history, so we cannot evaluate if MGY's' dividend has demonstrated long-term growth.
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