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

Magnolia Oil & Gas logo
$22.89 -0.25 (-1.08%)
(As of 12/20/2024 05:31 PM ET)

Magnolia Oil & Gas Dividend Summary

Dividend Yield
2.27%
Annual Dividend
$0.52
Recent
Dividend Payment
Dec. 2
Dividend Payout Ratio
25.74%

Magnolia Oil & Gas (MGY) pays an annual dividend of $0.52 per share, with a dividend yield of 2.27%. The next quarterly payment of $0.13 per share was paid on Monday, December 2, to investors who owned the stock before the ex-dividend date of Friday, November 8. The company currently pays out 25.74% of its earnings and 16.47% 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$0.52$0.00$1.39
Dividend Yield2.27%11.67%3.59%
Annualized 3-Year Dividend Growth0.00%25.09%15.78%

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 Earnings25.74%
Based on This Year's Estimate26.00%
Based on Next Year's Estimate25.24%
Based on Cashflow16.47%

Magnolia Oil & Gas Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
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
5/1/2023quarterly$0.1150 - 2.1%5/10/20235/11/20236/1/2023
1/31/2023quarterly$0.1150+$0.0150
15.00%
2.3%2/9/20232/10/20233/1/2023

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 2.27%. Learn more on MGY's dividend yield history.

The annual dividend for MGY shares is $0.52. Learn more on MGY's annual dividend history.

Magnolia Oil & Gas pays quarterly dividends to shareholders.

Magnolia Oil & Gas's most recent quarterly dividend payment of $0.13 per share was made to shareholders on Monday, December 2, 2024.

Magnolia Oil & Gas's most recent ex-dividend date was Friday, November 8, 2024.

The most recent change in the company's dividend was an increase of $0.0150 on Monday, February 5, 2024.

The dividend payout ratio for MGY is:
  • 25.74% based on the trailing year of earnings
  • 26.00% based on this year's estimates
  • 25.24% based on next year's estimates
  • 16.47% based on cash flow

Magnolia Oil & Gas' dividend yield of 2.23% is lower than the average Oils/Energy company that issues a dividend. Magnolia Oil & Gas' dividend payout ratio of 25.74% 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 12/21/2024 by MarketBeat.com Staff
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