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Magellan Aerospace (MAL) Dividend Yield, Date & History

Magellan Aerospace logo
C$10.13 +0.03 (+0.30%)
As of 01/14/2025 03:59 PM Eastern

Magellan Aerospace Dividend Summary

Dividend Yield
0.99%
Annual Dividend
C$0.10
Recent
Dividend Payment
Dec. 31
Dividend Payout Ratio
33.33%

Magellan Aerospace (MAL) pays an annual dividend of C$0.10 per share, with a dividend yield of 0.99%. The next payment of C$0.03 per share was paid on Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Tuesday, December 17. The company currently pays out 33.33% of its earnings and 12.55% of its cash flow as dividends.

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MAL Dividend Payments by Quarter

The chart below displays up to four years of Magellan Aerospace's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MAL Dividend Yield Over Time

The chart below tracks Magellan Aerospace's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Magellan Aerospace vs. The Competition

Compare Magellan Aerospace's annual dividend, yield, and 3-year growth rate with averages for Industrials and TSE companies to evaluate its performance against the market.

TypeMagellan AerospaceIndustrials CompaniesTSE Companies
Annual DividendC$0.10C$0.17C$1.07
Dividend Yield0.99%3.95%5.77%

Magellan Aerospace 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 Earnings33.33%
Based on This Year's Estimate10.32%
Based on Cashflow12.55%

Magellan Aerospace Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/17/2024Quarterly$0.0250 - 0.99%12/17/202412/31/202412/31/2024
9/16/2024Quarterly$0.0250 - 1.14%9/16/20249/30/20249/30/2024
6/14/2024Quarterly$0.0250 - 1.27%6/14/20246/28/20246/28/2024
3/1/2024Quarterly$0.0250 - 1.25%3/14/20243/15/20243/28/2024
12/14/2023Quarterly$0.0250 - 1.26%12/14/202312/29/202312/29/2023
9/14/2023Quarterly$0.0250 - 1.29%9/14/20239/29/20239/29/2023
6/15/2023Quarterly$0.0250 - 1.38%6/15/20236/30/20236/30/2023
3/3/2023Quarterly$0.0250 - 1.07%3/16/20233/17/20233/31/2023

This table shows Magellan Aerospace's dividend 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.

Magellan Aerospace Dividend - Frequently Asked Questions

The current dividend yield for Magellan Aerospace is 0.99%. Learn more on MAL's dividend yield history.

The annual dividend for MAL shares is C$0.10. Learn more on MAL's annual dividend history.

Magellan Aerospace pays quarterly dividends to shareholders.

Magellan Aerospace's most recent quarterly dividend payment of C$0.03 per share was made to shareholders on Tuesday, December 31, 2024.

Magellan Aerospace's most recent ex-dividend date was Tuesday, December 17, 2024.

The most recent change in the company's dividend was a decrease of C$0.03 on Wednesday, December 14, 2022.

The dividend payout ratio for MAL is:
  • 33.33% based on the trailing year of earnings
  • 10.32% based on this year's estimates
  • 12.55% based on cash flow

Magellan Aerospace's dividend yield of 1.06% is lower than the average Industrials company that issues a dividend. Magellan Aerospace's dividend payout ratio of 33.33% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Magellan Aerospace stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.


This page (TSE:MAL) was last updated on 1/15/2025 by MarketBeat.com Staff
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