Magna International, Inc. (MGA) Dividends

Magna International, Inc. (MGA): $81.73

0.80 (+0.99%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Auto Parts


Ranked

of 65

in industry

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
0.98%
MGA Annual Dividend
$0.80
MGA Payout Ratio

MGA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$81.73$33.26 -45.51%

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, as implemented by StockNews, implies a negative return of 45.51% relative 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, Magna International Inc offers a higher dividend yield than 76.16% of them.
  • Magna International Inc's market cap of $19 billion US dollars puts it in the large-sized market cap class; here, it has a lower equity discount rate than 26.97% of stocks.
  • A stock's beta generally indicates its volatility relative to the broader equity market; as for MGA, approximately 28.49% 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 #18 of 76 vs. its peers in the Auto Parts category.
Rank Symbol Name Dividend Yield
1 PLOW Douglas Dynamics, Inc. 2.96%
2 ALV Autoliv, Inc. 2.65%
3 GPC Genuine Parts Company 2.53%
4 SMP Standard Motor Products, Inc. 2.39%
5 MLR Miller Industries, Inc. 1.93%
6 ALSN Allison Transmission Holdings, Inc. 1.91%
7 HY Hyster-Yale Materials Handling, Inc. 1.89%
8 AAP Advance Auto Parts Inc Advance Auto Parts Inc W/I 1.86%
9 DAN Dana Incorporated 1.75%
10 CTTAY Continental Aktiengesellschaft 1.72%
11 TOWR Tower International, Inc. Common stock 1.68%
12 MNRO Monro, Inc. 1.52%
13 GNTX Gentex Corporation 1.48%
14 BWA BorgWarner Inc. 1.45%
15 DNZOY DENSO Corporation 1.31%
16 MGDDY Compagnie Generale des Etablissements Michelin 1.30%
17 VLEEY Valeo 1.05%
18 MGA Magna International, Inc. 0.99%
19 WEICY Weichai Power Co. 0.71%
20 CTB Cooper Tire & Rubber Company 0.70%
21 LEA Lear Corporation 0.60%
22 BRDCY Bridgestone Corporation 0.00%
23 LKQ LKQ Corporation 0.00%
24 APTV Aptiv PLC 0.00%
25 INVZ Innoviz Technologies, Inc. 0.00%
26 TEN Tenneco Inc. Class A Voting 0.00%
27 WBC Wabco Holdings Inc. 0.00%
28 THRM Gentherm Inc 0.00%
29 AEVA Aeva Technologies, Inc., 0.00%
30 PRTS CarParts.com Inc. 0.00%
31 FRSX Foresight Autonomous Holdings Ltd. 0.00%
32 SHLO Shiloh Industries, Inc. 0.00%
33 WPRT Westport Fuel Systems Inc 0.00%
34 MOD Modine Manufacturing Company 0.00%
35 DLPH Delphi Technologies PLC Ordinary Shares 0.00%
36 CTIB CTI Industries Corporation 0.00%
37 NVVE Nuvve Holding Corp. 0.00%
38 VNE Veoneer, Inc. 0.00%
39 CPS Cooper-Standard Holdings Inc. 0.00%
40 XL XL Fleet Corp. 0.00%
41 HLLY Holley Inc. 0.00%
42 XPEL XPEL, Inc. 0.00%
43 MTOR Meritor, Inc. 0.00%
44 ORLY O'Reilly Automotive, Inc. 0.00%
45 CGRO Collective Growth Corporation 0.00%
46 CVGI Commercial Vehicle Group, Inc. 0.00%
47 LAZR Luminar Technologies Inc. 0.00%
48 SRI Stoneridge, Inc. 0.00%
49 GT The Goodyear Tire & Rubber Company 0.00%
50 QS QuantumScape Corp. Cl A 0.00%
51 RMO Romeo Power Inc. 0.00%
52 HZN Horizon Global Corporation Common Shares 0.00%
53 LDL Lydall, Inc. 0.00%
54 FENX Fenix Parts, Inc. 0.00%
55 GTES Gates Industrial Corporation plc Ordinary Shares 0.00%
56 MPAA Motorcar Parts of America, Inc. 0.00%
57 GTXMQ Garrett Motion Inc. 0.00%
58 SUP Superior Industries International, Inc. (DE) 0.00%
59 AXL American Axle & Manufacturing Holdings, Inc. 0.00%
60 STRT STRATTEC SECURITY CORPORATION 0.00%
61 VC Visteon Corporation 0.00%
62 DORM Dorman Products, Inc. 0.00%
63 AZO AutoZone, Inc. 0.00%
64 SYTA Siyata Mobile Inc. 0.00%
65 ADNT Adient plc Ordinary Shares 0.00%
66 SYPR Sypris Solutions, Inc. 0.00%
67 VOXX VOXX International Corporation - 0.00%
68 BYDGF Boyd Group Services Inc. 0.00%
69 TYIDY TOYOTA INDUSTRIES CORPORATION 0.00%
70 NKRKY Nokian Renkaat Oyj 0.00%
71 JTEKY JTEKT Corporation 0.00%
72 LIMAF Linamar Corporation 0.00%
73 TDBOY TOYOTA BOSHOKU CORPORATION 0.00%
74 KNRRY Knorr-Bremse Aktiengesellschaft 0.00%
75 KOTMY Koito Manufacturing Co., Ltd. 0.00%
76 HLLGY HELLA GmbH & Co. KGaA 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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