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Magna International (MG) Dividend Yield, Date & History

Magna International logo
C$63.05 +1.41 (+2.29%)
(As of 11/22/2024 ET)

Dividend Summary

Dividend Yield
4.06%
Annual Dividend
C$2.56
Dividend Payout Ratio
54.01%
Next
Dividend Payment
Nov. 29
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Magna International vs. The Competition

TypeMagna InternationalCyclical CompaniesTSE Companies
Annual DividendC$2.56C$17.61C$1.09
Dividend Yield4.06%431.63%544.67%

Magna International Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings54.01%
Based on This Year's Estimates28.78%
Based on Cashflow83.40%

Magna International Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/15/2024Quarterly$0.47503.46%11/15/202411/29/202411/29/2024
8/2/2024Quarterly$0.654.64%8/16/20248/16/20248/30/2024
5/3/2024Quarterly$0.64204.02%5/16/20245/17/20245/31/2024
2/9/2024Quarterly$0.63803.47%2/22/20242/23/20243/8/2024
11/3/2023Quarterly$0.462.52%11/16/202311/17/202312/1/2023
8/4/2023Quarterly$0.462.26%8/17/20238/18/20239/1/2023
5/5/2023Quarterly$0.62303.45%5/18/20235/19/20236/2/2023
2/10/2023Quarterly$0.61203.28%2/23/20232/24/20233/10/2023
11/4/2022Quarterly$0.61303.21%11/17/202211/18/202212/2/2022
8/11/2022Quarterly$0.452.2%8/11/20228/26/20228/26/2022
5/12/2022Quarterly$0.452.32%5/12/20225/27/20225/27/2022
2/24/2022Quarterly$0.451.88%2/24/20223/11/20223/11/2022
11/5/2021Quarterly$0.431.66%11/18/202111/19/202112/3/2021
8/6/2021Quarterly$0.53802.05%8/19/20218/20/20219/3/2021
5/6/2021Quarterly$0.52801.81%5/20/20215/21/20216/4/2021
2/19/2021Quarterly$0.54902%3/4/20213/5/20213/19/2021
11/19/2020Quarterly$0.402.13%11/19/202012/4/202012/4/2020
8/7/2020Quarterly$0.53603.17%8/20/20208/21/20209/4/2020
5/21/2020Quarterly$0.403.09%5/21/20206/5/20206/5/2020
2/21/2020Quarterly$0.92905.63%3/5/20203/6/20203/20/2020
11/8/2019Quarterly$0.48102.62%11/21/201911/22/201912/6/2019
8/8/2019Quarterly$0.48202.93%8/22/20198/23/20199/6/2019
5/8/2019Quarterly$0.48903.08%5/23/20195/24/20196/7/2019
2/21/2019Quarterly$0.47902.72%3/7/20193/8/20193/22/2019
11/20/2018Quarterly$0.331.93%11/20/201812/7/201812/7/2018
8/7/2018Quarterly$0.42902.43%8/30/20188/31/20189/14/2018
5/9/2018Quarterly$0.331.65%5/24/20185/25/20186/8/2018
2/21/2018Quarterly$0.40601.87%3/8/20183/9/20183/23/2018
11/9/2017Quarterly$0.35401.64%11/22/201711/24/201712/8/2017
8/11/2017Quarterly$0.27501.89%8/30/20179/1/20179/15/2017
11/3/2016quarterly$0.251.9%11/22/201611/25/201612/9/2016
5/5/2016quarterly$0.251.92%5/25/20165/27/20166/10/2016
5/27/2015Quarterly$0.221.24%5/27/20156/12/20156/12/2015
3/11/2015Quarterly$0.220.65%3/11/20153/27/20153/27/2015
3/9/2015Quarterly$0.441.29%3/9/20153/25/20153/25/2015
11/25/2014Quarterly$0.381.3%11/25/201412/12/201412/12/2014
3/12/2014Quarterly$0.381.47%3/12/20143/28/20143/28/2014
(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 4.06%. Learn more on MG's dividend yield history.

How much is Magna International's annual dividend?

The annual dividend for MG shares is C$2.56. Learn more on MG's annual dividend history.

How often does Magna International pay dividends?

Magna International pays quarterly dividends to shareholders.

When is Magna International's next dividend payment?

Magna International's next quarterly dividend payment of C$0.48 per share will be made to shareholders on Friday, November 29, 2024.

When was Magna International's most recent dividend payment?

Magna International's most recent quarterly dividend payment of C$0.65 per share was made to shareholders on Friday, August 30, 2024.

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

Magna International's most recent ex-dividend date was Friday, November 15, 2024.

When did Magna International last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of C$0.18 on Friday, November 15, 2024.

What is Magna International's dividend payout ratio?
The dividend payout ratio for MG is:
  • 54.01% based on the trailing year of earnings
  • 28.78% based on this year's estimates
  • 83.40% based on cash flow
Is Magna International a good dividend stock?

Magna International's dividend yield of 4.39% is higher than the average Consumer Cyclical company that issues a dividend. Magna International's dividend payout ratio of 54.01% is at a healthy, sustainable level, below 75% of its earnings.


This page (TSE:MG) was last updated on 11/23/2024 by MarketBeat.com Staff
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