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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
This Stock Could Go Up 66% or More. (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
This Stock Could Go Up 66% or More. (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
This Stock Could Go Up 66% or More. (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
NYSE:MGA

Magna International (MGA) Dividend Yield, Date & History

$52.79
-1.62 (-2.98%)
(As of 09/26/2023 ET)
Compare
Today's Range
$52.72
$54.09
50-Day Range
$52.79
$64.33
52-Week Range
$45.58
$68.92
Volume
885,979 shs
Average Volume
1.15 million shs
Market Capitalization
$15.11 billion
P/E Ratio
16.29
Dividend Yield
3.49%
Price Target
$66.87

Dividend Summary

Dividend Yield
3.49%
Annual Dividend
$1.84
Dividend Increase
Track Record
14 Years
Annualized 3-Year
Dividend Growth
7.23%
Dividend Payout Ratio
56.79%
Recent
Dividend Payment
Sep. 1
Skip Charts & View Dividend History

Magna International vs. The Competition

TypeMagna InternationalAuto CompaniesNYSE Companies
Annual Dividend$1.84$1.14$1.51
Dividend Yield3.48%260.27%369.01%
Annualized 3-Year Dividend Growth7.23%52.40%611.47%
Track Record14 years9 years9 years

Magna International Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings56.79%
Based on This Year's Estimates34.20%
Based on Next Year's Estimates27.54%
Based on Cashflow20.57%

Magna International Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2023Quarterly$0.463.02%8/17/20238/18/20239/1/2023
5/5/2023Quarterly$0.463.41%5/18/20235/19/20236/2/2023
2/10/2023quarterly$0.463.3%2/23/20232/24/20233/10/2023
11/4/2022Quarterly$0.453.18%11/17/202211/18/202212/2/2022
7/29/2022Quarterly$0.452.82%8/11/20228/12/20228/26/2022
4/29/2022Quarterly$0.452.99%5/12/20225/13/20225/27/2022
2/14/2022quarterly$0.452.3%2/24/20222/25/20223/11/2022
11/5/2021Quarterly$0.432.2%11/18/202111/19/202112/3/2021
8/9/2021quarterly$0.432%8/19/20218/20/20219/3/2021
5/7/2021quarterly$0.431.7%5/20/20215/21/20216/4/2021
2/22/2021quarterly$0.432%3/4/20213/5/20213/19/2021
11/9/2020quarterly$0.402.7%11/19/202011/20/202012/4/2020
8/10/2020quarterly$0.403.2%8/20/20208/21/20209/4/2020
5/8/2020quarterly$0.404%5/21/20205/22/20206/5/2020
2/21/2020quarterly$0.403.05%3/5/20203/6/20203/20/2020
11/8/2019Quarterly$0.36502.63%11/21/201911/22/201912/6/2019
8/8/2019Quarterly$0.36502.93%8/22/20198/23/20199/6/2019
5/8/2019Quarterly$0.36503.09%5/23/20195/24/20196/7/2019
2/22/2019quarterly$0.36502.78%3/7/20193/8/20193/22/2019
11/7/2018Quarterly$0.332.67%11/21/201811/23/201812/7/2018
8/7/2018Quarterly$0.332.45%8/30/20188/31/20189/14/2018
5/9/2018Quarterly$0.25701.63%5/24/20185/25/20186/8/2018
2/22/2018quarterly$0.332.38741182854042%3/8/20183/9/20183/23/2018
11/9/2017Quarterly$0.27502.07%11/22/201711/24/201712/8/2017
8/11/2017quarterly$0.27502.38%8/30/20179/1/20179/15/2017
5/11/2017quarterly$0.27502.46%5/24/20175/26/20176/9/2017
2/24/2017quarterly$0.27502.56%3/8/20173/10/20173/24/2017
11/4/2016Quarterly$0.2511/22/201611/25/201612/9/2016
8/5/2016Quarterly$0.258/24/20168/26/20169/9/2016
5/5/2016Quarterly$0.255/25/20165/27/20166/10/2016
2/26/2016Quarterly$0.253/9/20163/11/20163/24/2016
11/5/2015Quarterly$0.2211/24/201511/27/201512/11/2015
8/7/2015quarterly$0.228/26/20158/28/20159/11/2015
5/7/2015quarterly$0.221.55%5/27/20155/29/20156/12/2015
2/25/2015quarterly$0.440.81%3/11/20153/13/20153/27/2015
11/5/2014quarterly$0.381.48%11/25/201411/28/201412/12/2014
8/8/2014quarterly$0.381.36%8/27/20148/29/20149/12/2014
5/8/2014quarterly$0.381.56%5/28/20145/30/20146/13/2014
3/3/2014quarterly$0.381.58%3/12/20143/14/20143/28/2014
11/6/2013quarterly$0.321.53%11/27/201311/29/201312/13/2013
8/9/2013quarterly$0.321.6%8/28/20138/30/20139/16/2013
5/10/2013quarterly$0.321.99%5/29/20135/31/20136/17/2013
3/1/2013quarterly$0.322.31%3/11/20133/13/20133/27/2013
(Data available from 1/1/2013 forward)













Magna International Dividend - Frequently Asked Questions

What is Magna International's dividend yield?

The current dividend yield for Magna International is 3.49%. Learn more on MGA's dividend yield history.

How much is Magna International's annual dividend?

The annual dividend for MGA shares is $1.84. Learn more on MGA's annual dividend history.

How often does Magna International pay dividends?

Magna International pays quarterly dividends to shareholders.

When was Magna International's most recent dividend payment?

Magna International's most recent quarterly dividend payment of $0.46 per share was made to shareholders on Friday, September 1, 2023.

When was Magna International's most recent ex-dividend date?

Magna International's most recent ex-dividend date was Thursday, August 17, 2023.

Is Magna International's dividend growing?

Over the past three years, the company's dividend has grown by an average of 7.23% per year.

What track record does Magna International have of raising its dividend?

Magna International has increased its dividend for the past 14 consecutive years.

When did Magna International last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.01 on Friday, February 10, 2023.

What is Magna International's dividend payout ratio?
The dividend payout ratio for MGA is:
  • 56.79% based on the trailing year of earnings
  • 34.20% based on this year's estimates
  • 27.54% based on next year's estimates
  • 20.60% based on cash flow

More Dividend Resources from MarketBeat

This page (NYSE:MGA) was last updated on 9/27/2023 by MarketBeat.com Staff

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