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Magnolia Oil & Gas (MGY) Dividend Yield, Date & History

Magnolia Oil & Gas logo
$21.86 -0.48 (-2.13%)
Closing price 03:59 PM Eastern
Extended Trading
$22.53 +0.66 (+3.02%)
As of 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Magnolia Oil & Gas Dividend Summary

Dividend Yield
2.74%
Annual Dividend
$0.60
Next
Dividend Payment
Jun. 2
Dividend Increase
Track Record
3 Years
Annualized 3-Year
Dividend Growth
86.63%
Dividend Payout Ratio
29.85%

Magnolia Oil & Gas (MGY) pays an annual dividend of $0.60 per share, with a dividend yield of 2.74%. The next quarterly payment of $0.15 per share is scheduled for Monday, June 2, to investors who owned the stock before the ex-dividend date of Monday, May 12. MGY has grown its dividend for 3 consecutive years, with an average annual increase of 23.12%. The company currently pays out 29.85% of its earnings and 16.19% of its cash flow as dividends.

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MGY Dividend Payments by Quarter

The chart below displays up to four years of Magnolia Oil & Gas' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MGY Dividend Yield Over Time

The chart below tracks Magnolia Oil & Gas' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Magnolia Oil & Gas vs. The Competition

Compare Magnolia Oil & Gas' annual dividend, yield, and 3-year growth rate with averages for Energy and NYSE companies to evaluate its performance against the market.

TypeMagnolia Oil & GasEnergy CompaniesNYSE Companies
Annual Dividend$0.60$0.04$1.42
Dividend Yield2.74%10.95%3.83%
Annualized 3-Year Dividend Growth86.63%30.43%11.29%
Track Record3 years5 years11 years

Magnolia Oil & Gas Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings29.85%
Based on This Year's Estimate28.57%
Based on Next Year's Estimate25.97%
Based on Cashflow16.19%

Magnolia Oil & Gas Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
4/29/2025quarterly$0.15 - 2.8%5/12/20255/12/20256/2/2025
2/3/2025quarterly$0.15+$0.02
15.38%
2.53%2/14/20252/14/20253/3/2025
10/28/2024Quarterly$0.13 - 2.03%11/8/202411/8/202412/2/2024
7/29/2024quarterly$0.13 - 1.9%8/9/20248/9/20249/3/2024
5/2/2024Quarterly$0.13 - 2.09%5/10/20245/13/20246/3/2024
2/5/2024Quarterly$0.13+$0.0150
13.04%
2.62%2/15/20242/16/20243/1/2024
10/30/2023quarterly$0.1150 - 2%11/8/202311/9/202312/1/2023
7/31/2023Quarterly$0.1150 - 2.07%8/9/20238/10/20239/1/2023

This table shows Magnolia Oil & Gas' quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Magnolia Oil & Gas Dividend - Frequently Asked Questions

The current dividend yield for Magnolia Oil & Gas is 2.74%. Learn more on MGY's dividend yield history.

The annual dividend for MGY shares is $0.60. Learn more on MGY's annual dividend history.

Magnolia Oil & Gas pays quarterly dividends to shareholders.

Magnolia Oil & Gas's next quarterly dividend payment of $0.15 per share will be made to shareholders on Monday, June 2, 2025.

Magnolia Oil & Gas's most recent quarterly dividend payment of $0.15 per share was made to shareholders on Monday, March 3, 2025.

Magnolia Oil & Gas's most recent ex-dividend date was Monday, May 12, 2025.

Over the past three years, the company's dividend has grown by an average of 86.63% per year.

Magnolia Oil & Gas has increased its dividend for the past 3 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Monday, February 3, 2025.

The dividend payout ratio for MGY is:
  • 29.85% based on the trailing year of earnings
  • 28.57% based on this year's estimates
  • 25.97% based on next year's estimates
  • 16.19% based on cash flow

Magnolia Oil & Gas' dividend yield of 2.63% is lower than the average Energy company that issues a dividend. The company's 3 consecutive years of dividend growth are not enough to demonstrate a strong track record of dividend growth yet. Magnolia Oil & Gas' dividend payout ratio of 29.85% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Magnolia Oil & Gas stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:MGY) was last updated on 5/21/2025 by MarketBeat.com Staff
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