WallStreetZenWallStreetZen

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

MGY dividend stability and growth

Last Dividend per share
$0.1300
Forward Dividend yield
2.14%

MGY dividend yield vs industry/market

Company
1.87%
Industry
3.87%
MGY dividends (1.87%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGY dividends (1.87%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGY dividend payout ratio

Magnolia Oil & Gas Corp paid out 24% of its earnings over the trailing twelve months.
Retained earnings
76%
Payout ratio
24%
MGY earnings ($381.12M) 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
MGY1.87%1+24.00%
MUR3.27%No2+30.00%
CIVI11.17%1+71.10%
CNXN/A10.00%
SM1.51%No1+9.90%

MGY dividend dates

Last dividend payment date
Sep 3, 2024
Last ex-dividend date
Aug 9, 2024

Be the first to know when MGY increases or cuts their dividend.

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 2024-09-03, when Magnolia Oil & Gas shareholders who owned MGY shares before 2024-08-09 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 $0.51. MGY's dividend payout ratio is 24%, which is sustainable.

How much is Magnolia Oil & Gas's dividend?

MGY pays a dividend of $0.51 per share. MGY's annual dividend yield is 1.87%. Magnolia Oil & Gas's dividend is lower than the US industry average of 3.87%, and it is lower than the US market average of 3.68%.

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

Magnolia Oil & Gas's previous ex-dividend date was on 2024-08-09. 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 2024-09-03. 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.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.