Magna International, Inc. (MGA) Dividends

Magna International, Inc. (MGA): $62.74

1.21 (+1.97%)

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 69

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
2.85%
MGA Annual Dividend
$1.80
MGA Payout Ratio

MGA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$62.74$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 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 #8 of 83 vs. its peers in the Auto Parts category.
Rank Symbol Name Dividend Yield
1 PLOW Douglas Dynamics, Inc. 3.80%
2 HY Hyster-Yale Materials Handling, Inc. 3.62%
3 ALV Autoliv, Inc. 3.35%
4 CTTAY Continental AG ADR 3.30%
5 WEICY Weichai Power Co. 3.18%
6 MGDDY Compagnie Generale des Etablissements Michelin 3.17%
7 MLR Miller Industries, Inc. 2.95%
8 MGA Magna International, Inc. 2.85%
9 AAP Advance Auto Parts Inc. 2.77%
10 BRDCY Bridgestone Corporation 2.68%
11 SMP Standard Motor Products, Inc. 2.65%
12 GPC Genuine Parts Co. 2.60%
13 DAN Dana Incorporated 2.52%
14 LEA Lear Corporation 2.29%
15 MNRO Monro, Inc. 2.23%
16 ALSN Allison Transmission Holdings, Inc. 2.14%
17 LKQ LKQ Corporation 1.91%
18 ITRN Ituran Location & Control Ltd. 1.80%
19 BWA BorgWarner Inc. 1.72%
20 DNZOY DENSO Corporation 1.70%
21 TOWR Tower International, Inc. Common stock 1.68%
22 VLEEY Valeo 1.59%
23 GNTX Gentex Corporation 1.58%
24 CTB Cooper Tire & Rubber Company 0.70%
25 APTV Aptiv PLC 0.00%
26 INVZ Innoviz Technologies, Inc. 0.00%
27 TEN Tenneco Inc. Class A Voting 0.00%
28 WBC Wabco Holdings Inc. 0.00%
29 GTX Garrett Motion Inc. 0.00%
30 THRM Gentherm Inc 0.00%
31 AEVA Aeva Technologies, Inc., 0.00%
32 PRTS CarParts.com Inc. 0.00%
33 FRSX Foresight Autonomous Holdings Ltd. 0.00%
34 GGR Gogoro Inc. 0.00%
35 SHLO Shiloh Industries, Inc. 0.00%
36 WPRT Westport Fuel Systems Inc 0.00%
37 MOD Modine Manufacturing Company 0.00%
38 DLPH Delphi Technologies PLC Ordinary Shares 0.00%
39 CTIB CTI Industries Corporation 0.00%
40 NVVE Nuvve Holding Corp. 0.00%
41 VNE Veoneer, Inc. 0.00%
42 CPS Cooper-Standard Holdings Inc. 0.00%
43 XL XL Fleet Corp. 0.00%
44 HLLY Holley Inc. 0.00%
45 XPEL XPEL, Inc. 0.00%
46 MTOR Meritor, Inc. 0.00%
47 ORLY O'Reilly Automotive Inc. 0.00%
48 CGRO Collective Growth Corporation 0.00%
49 CVGI Commercial Vehicle Group, Inc. 0.00%
50 LAZR Luminar Technologies Inc. 0.00%
51 SRI Stoneridge, Inc. 0.00%
52 GT The Goodyear Tire & Rubber Company 0.00%
53 QS QuantumScape Corp. Cl A 0.00%
54 RMO Romeo Power Inc. 0.00%
55 HZN Horizon Global Corp. 0.00%
56 LDL Lydall, Inc. 0.00%
57 REE REE Automotive Ltd. 0.00%
58 FENX Fenix Parts, Inc. 0.00%
59 GTES Gates Industrial Corporation plc Ordinary Shares 0.00%
60 MPAA Motorcar Parts of America, Inc. 0.00%
61 GTXMQ Garrett Motion Inc. 0.00%
62 SUP Superior Industries International Inc. 0.00%
63 AXL American Axle & Manufacturing Holdings, Inc. 0.00%
64 STRT STRATTEC SECURITY CORPORATION 0.00%
65 VC Visteon Corporation 0.00%
66 DORM Dorman Products, Inc. 0.00%
67 AZO AutoZone Inc. 0.00%
68 SYTA Siyata Mobile Inc. 0.00%
69 ADNT Adient plc Ordinary Shares 0.00%
70 SYPR Sypris Solutions, Inc. 0.00%
71 VOXX VOXX International Corporation - 0.00%
72 SES SES AI Corporation 0.00%
73 QNGY Quanergy Systems, Inc. 0.00%
74 CPTN Cepton Technologies, Inc. 0.00%
75 BYDGF Boyd Group Services Inc. 0.00%
76 TYIDY TOYOTA INDUSTRIES CORPORATION 0.00%
77 NKRKY Nokian Renkaat Oyj 0.00%
78 JTEKY JTEKT Corporation 0.00%
79 LIMAF Linamar Corporation 0.00%
80 TDBOY TOYOTA BOSHOKU CORPORATION 0.00%
81 KNRRY Knorr-Bremse Aktiengesellschaft 0.00%
82 KOTMY Koito Manufacturing Co., Ltd. 0.00%
83 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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