Magna International, Inc. (MGA) Dividends

Magna International, Inc. (MGA)

Today's Latest Price: $61.05 USD

1.04 (-1.67%)

Updated Dec 2 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 51 in Auto Parts

See all "A" rated Strong Buy stocks

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 Ex-Dividend Date
MGA Dividend Yield
2.58%
MGA Annual Dividend
$1.60
MGA Payout Ratio

MGA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$61.05$33.37 -45.1%

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of MGA, the DDM model generated by StockNews estimates a return of negative 45.1% in comparison to its current price. To help understand and contextualize the model's evaluation of MGA, investors may wish to consider are:

  • In comparison to other stocks in the Consumer Cyclical sector, MGA provides shareholders with a dividend yield greater than 71.81% such stocks.
  • With a market cap of roughly $18 billion, MGA is in the large-sized market cap class; here, it has a lower equity discount rate than 26.83% of stocks.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for MGA, approximately 28.56% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

MGA Dividend Chart


MGA Dividend History

Ex-Dividend Date Type Payout Amount Change
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MGA Dividends vs. Peers

MGA's dividend yield currently ranks #3 of 53 vs. its peers in the Auto Parts category.
Rank Symbol Name Dividend Yield
1 GPC Genuine Parts Company 3.11%
2 PLOW Douglas Dynamics, Inc. 2.86%
3 MGA Magna International, Inc. 2.58%
4 CMI Cummins Inc. 2.34%
5 HY Hyster-Yale Materials Handling, Inc. 2.31%
6 JCI Johnson Controls International plc Ordinary Share 2.25%
7 MLR Miller Industries, Inc. 2.11%
8 SMP Standard Motor Products, Inc. 2.09%
9 MNRO Monro, Inc. 1.84%
10 BWA BorgWarner Inc. 1.76%
11 TOWR Tower International, Inc. Common stock 1.68%
12 ALSN Allison Transmission Holdings, Inc. 1.67%
13 GNTX Gentex Corporation 1.43%
14 CTB Cooper Tire & Rubber Company 1.03%
15 AAP Advance Auto Parts Inc Advance Auto Parts Inc W/I 0.66%
16 LKQ LKQ Corporation 0.00%
17 BLBD Blue Bird Corporation 0.00%
18 APTV Aptiv PLC Ordinary Shares 0.00%
19 TEN Tenneco Inc. Class A Voting 0.00%
20 WBC Wabco Holdings Inc. 0.00%
21 THRM Gentherm Inc 0.00%
22 PRTS U.S. Auto Parts Network, Inc. 0.00%
23 FRSX Foresight Autonomous Holdings Ltd. 0.00%
24 SHLO Shiloh Industries, Inc. 0.00%
25 WPRT Westport Fuel Systems Inc 0.00%
26 MOD Modine Manufacturing Company 0.00%
27 ALV Autoliv, Inc. 0.00%
28 DLPH Delphi Technologies PLC Ordinary Shares 0.00%
29 CTIB CTI Industries Corporation 0.00%
30 VNE Veoneer, Inc. 0.00%
31 CPS Cooper-Standard Holdings Inc. 0.00%
32 MTOR Meritor, Inc. 0.00%
33 ORLY O'Reilly Automotive, Inc. 0.00%
34 CVGI Commercial Vehicle Group, Inc. 0.00%
35 SRI Stoneridge, Inc. 0.00%
36 GT The Goodyear Tire & Rubber Company 0.00%
37 HZN Horizon Global Corporation Common Shares 0.00%
38 LDL Lydall, Inc. 0.00%
39 LEA Lear Corporation 0.00%
40 FENX Fenix Parts, Inc. 0.00%
41 GTES Gates Industrial Corporation plc Ordinary Shares 0.00%
42 MPAA Motorcar Parts of America, Inc. 0.00%
43 SUP Superior Industries International, Inc. (DE) 0.00%
44 AXL American Axle & Manufacturing Holdings, Inc. 0.00%
45 DAN Dana Incorporated 0.00%
46 STRT STRATTEC SECURITY CORPORATION 0.00%
47 VC Visteon Corporation 0.00%
48 DORM Dorman Products, Inc. 0.00%
49 AZO AutoZone, Inc. 0.00%
50 SYTA Siyata Mobile Inc. 0.00%
51 ADNT Adient plc Ordinary Shares 0.00%
52 SYPR Sypris Solutions, Inc. 0.00%
53 VOXX VOXX International Corporation - 0.00%

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


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