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
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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 Chart
MGA Dividend History
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MGA Dividends vs. Peers
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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