Magna International Inc. (MGA) Dividends
Dividend Yield and Dividend History Highlights
- As for free cash flow, MGA has greater average cash flow over the past 5 years than 84.58% US-listed dividend payers.
- Currently, MGA generates more cash flow over the 12 months prior than 87.9% of US dividend stocks.
- In terms of absolute dollars distributed to common shareholders over the past 12 months, MGA has returned $448,000,000 US dollars, more than 80.39% of US dividend issuers.
- As for stocks whose price is uncorrelated with MGA's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: DFS, ARTNA, STOR, PLCE and BBSI.
MGA Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $41.97 | $31.91 | -49.45% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of MGA, the DDM model generated by StockNews estimates a return of negative 49.45% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Magna International Inc are:
- MGA's market cap is about 19 billion US dollars -- this puts the stock in the large-sized market cap class, and its dividend yield is greater than 70.84% of dividend yielding stocks in the same market cap class.
- MGA's annual revenue of 36 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, it has a discount rate lower than 92.86% of dividend issuing stocks in its revenue class.
- A stock's beta generally indicates its volatility relative to the broader equity market; as for MGA, approximately 6.43% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.
MGA Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-16 | Dividend | $0.48 | -49.68% |
| 2024-05-16 | Dividend | $0.94 | +98.74% |
| 2024-02-22 | Dividend | $0.48 | +3.26% |
| 2023-11-16 | Dividend | $0.46 | -- |
| 2023-08-17 | Dividend | $0.46 | -- |
| 2023-05-18 | Dividend | $0.46 | -50.59% |
| 2023-02-23 | Dividend | $0.93 | +106.89% |
| 2022-11-17 | Dividend | $0.45 | -50.00% |
| 2022-08-11 | Dividend | $0.90 | +100.00% |
| 2022-05-12 | Dividend | $0.45 | -- |
| 2022-02-24 | Dividend | $0.45 | +4.65% |
| 2021-11-18 | Dividend | $0.43 | -- |
| 2021-08-19 | Dividend | $0.43 | +7.50% |
| 2020-11-19 | Dividend | $0.40 | -- |
| 2020-08-20 | Dividend | $0.40 | -- |
| 2020-05-21 | Dividend | $0.40 | -- |
| 2020-03-05 | Dividend | $0.40 | +9.59% |
| 2019-11-21 | Dividend | $0.37 | -- |
| 2019-08-22 | Dividend | $0.37 | -- |
| 2019-05-23 | Dividend | $0.37 | -- |
| 2019-03-07 | Dividend | $0.37 | +10.61% |
| 2018-11-21 | Dividend | $0.33 | -- |
| 2018-08-30 | Dividend | $0.33 | -- |
| 2018-05-24 | Dividend | $0.33 | -- |
| 2018-03-08 | Dividend | $0.33 | +20.00% |
| 2017-11-22 | Dividend | $0.28 | -- |
| 2017-08-30 | Dividend | $0.28 | -- |
| 2017-05-24 | Dividend | $0.28 | -- |
| 2017-03-08 | Dividend | $0.28 | +10.00% |
| 2016-11-22 | Dividend | $0.25 | -- |
| 2016-08-24 | Dividend | $0.25 | -- |
| 2016-05-25 | Dividend | $0.25 | -- |
| 2016-03-09 | Dividend | $0.25 | +13.64% |
| 2015-11-24 | Dividend | $0.22 | -- |
| 2015-08-26 | Dividend | $0.22 | -- |
| 2015-05-27 | Dividend | $0.22 | -- |
| 2015-03-26 | Split | 2-1-for-1 Stock Split | N/A |
| 2015-03-11 | Dividend | $0.44 | +15.79% |
| 2014-11-25 | Dividend | $0.38 | -- |
| 2014-08-27 | Dividend | $0.38 | -- |
| 2014-05-28 | Dividend | $0.38 | -- |
| 2014-03-12 | Dividend | $0.38 | +18.75% |
| 2013-11-26 | Dividend | $0.32 | -- |
| 2013-08-28 | Dividend | $0.32 | -- |
| 2013-05-29 | Dividend | $0.32 | -- |
| 2013-03-11 | Dividend | $0.32 | +16.36% |
| 2012-11-28 | Dividend | $0.28 | -- |
| 2012-08-29 | Dividend | $0.28 | -- |
| 2012-05-29 | Dividend | $0.28 | -- |
| 2012-03-08 | Dividend | $0.28 | +10.00% |
| 2011-11-28 | Dividend | $0.25 | -- |
| 2011-08-29 | Dividend | $0.25 | -- |
| 2011-05-26 | Dividend | $0.25 | -- |
| 2011-03-09 | Dividend | $0.25 | +38.89% |
| 2010-11-26 | Dividend | $0.18 | -40.00% |
| 2010-08-27 | Dividend | $0.30 | +66.67% |
| 2010-05-26 | Dividend | $0.18 | -- |
| 2009-03-10 | Dividend | $0.18 | -- |
| 2008-11-25 | Dividend | $0.18 | -50.00% |
| 2008-08-27 | Dividend | $0.36 | -- |
| 2008-05-28 | Dividend | $0.36 | -- |
| 2008-03-06 | Dividend | $0.36 | -- |
| 2007-11-28 | Dividend | $0.36 | -- |
| 2007-08-29 | Dividend | $0.36 | +50.00% |
| 2007-05-29 | Dividend | $0.24 | +26.32% |
| 2007-03-09 | Dividend | $0.19 | -50.00% |
| 2006-11-28 | Dividend | $0.38 | -- |
| 2006-08-29 | Dividend | $0.38 | -- |
| 2006-05-26 | Dividend | $0.38 | -- |
| 2006-03-08 | Dividend | $0.38 | -- |
| 2005-11-28 | Dividend | $0.38 | -- |
| 2005-08-29 | Dividend | $0.38 | -- |
| 2005-05-25 | Dividend | $0.38 | -- |
| 2005-03-09 | Dividend | $0.38 | -- |
| 2004-11-26 | Dividend | $0.38 | -- |
| 2004-08-27 | Dividend | $0.38 | -- |
| 2004-05-26 | Dividend | $0.38 | +11.76% |
| 2004-03-05 | Dividend | $0.34 | -- |
| 2003-11-25 | Dividend | $0.34 | -96.60% |
| 2003-09-02 | Dividend | $10.00 | +2,841.18% |
| 2003-08-27 | Dividend | $0.34 | -- |
| 2003-05-28 | Dividend | $0.34 | -- |
| 2003-03-05 | Dividend | $0.34 | -- |
| 2002-11-26 | Dividend | $0.34 | -- |
| 2002-08-28 | Dividend | $0.34 | -- |
| 2002-05-29 | Dividend | $0.34 | -- |
| 2002-02-27 | Dividend | $0.34 | -- |
| 2001-11-28 | Dividend | $0.34 | -- |
| 2001-08-29 | Dividend | $0.34 | -- |
| 2001-05-29 | Dividend | $0.34 | -- |
| 2001-03-01 | Dividend | $0.34 | -- |
| 2000-11-28 | Dividend | $0.34 | +13.33% |
| 2000-08-29 | Dividend | $0.30 | -- |
| 2000-05-26 | Dividend | $0.30 | -70.00% |
| 2000-03-13 | Dividend | $1.00 | +233.33% |
| 2000-02-23 | Dividend | $0.30 | +20.00% |
| 1999-11-26 | Dividend | $0.25 | -- |
| 1999-08-27 | Dividend | $0.25 | -- |
| 1999-05-26 | Dividend | $0.25 | +78.57% |
| 1999-03-29 | Dividend | $0.14 | -57.58% |
| 1998-12-29 | Dividend | $0.33 | +100.00% |
| 1998-09-28 | Dividend | $0.17 | -- |
| 1998-06-26 | Dividend | $0.17 | -- |
| 1998-03-27 | Dividend | $0.17 | -- |
| 1997-12-29 | Dividend | $0.17 | +10.00% |
| 1997-09-26 | Dividend | $0.15 | -- |
| 1997-06-26 | Dividend | $0.15 | -- |
| 1997-03-26 | Dividend | $0.15 | +11.11% |
| 1996-12-27 | Dividend | $0.14 | -- |
| 1996-09-26 | Dividend | $0.14 | -- |
| 1996-06-26 | Dividend | $0.14 | -- |
| 1996-03-27 | Dividend | $0.14 | -- |
| 1995-12-27 | Dividend | $0.14 | -- |
| 1995-09-27 | Dividend | $0.14 | -- |
| 1995-06-28 | Dividend | $0.14 | -- |
| 1995-03-27 | Dividend | $0.14 | -- |
| 1994-12-23 | Dividend | $0.14 | -- |
| 1994-09-26 | Dividend | $0.14 | +3.85% |
| 1994-06-24 | Dividend | $0.13 | +30.00% |
| 1994-03-25 | Dividend | $0.10 | -- |
| 1993-12-27 | Dividend | $0.10 | +33.33% |
| 1993-09-21 | Dividend | $0.08 | -- |
| 1993-06-24 | Dividend | $0.08 | -- |
| 1993-03-25 | Dividend | $0.08 | -- |
| 1992-12-24 | Dividend | $0.08 | +50.00% |
| 1992-09-24 | Dividend | $0.05 | +300.00% |
| 1992-06-24 | Dividend | $0.01 | -- |
| 1992-03-25 | Dividend | $0.01 | -- |
MGA Dividends vs. Peers
MGA's dividend yield currently ranks #5 of 84 vs. its peers in the Auto Parts category.
Looking for More Information on MGA dividends?
Want to see what other sources are saying about Magna International Inc's dividends? Try the links below:Magna International Inc Common Stock (MGA) Dividend History | Nasdaq
Dividend History for Magna International Inc (MGA) - Dividend Investor
Magna International Inc (MGA) Dividend History - Seeking Alpha