Magna International Inc. (MGA) Dividends

Magna International Inc. (MGA): $47.05

0.44 (-0.93%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Auto Parts

Industry

A

Ranked

#42 of 60

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
3.96%
MGA Annual Dividend
$1.90
MGA Payout Ratio

MGA Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$47.05$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
2024-05-16Dividend$0.48--
2024-02-22Dividend$0.48+3.26%
2023-11-16Dividend$0.46--
2023-08-17Dividend$0.46--
2023-05-18Dividend$0.46-50.59%
2023-02-23Dividend$0.93+106.89%
2022-11-17Dividend$0.45-50.00%
2022-08-11Dividend$0.90+100.00%
2022-05-12Dividend$0.45--
2022-02-24Dividend$0.45+4.65%
2021-11-18Dividend$0.43--
2021-08-19Dividend$0.43+7.50%
2020-11-19Dividend$0.40--
2020-08-20Dividend$0.40--
2020-05-21Dividend$0.40--
2020-03-05Dividend$0.40+9.59%
2019-11-21Dividend$0.37--
2019-08-22Dividend$0.37--
2019-05-23Dividend$0.37--
2019-03-07Dividend$0.37+10.61%
2018-11-21Dividend$0.33--
2018-08-30Dividend$0.33--
2018-05-24Dividend$0.33--
2018-03-08Dividend$0.33+20.00%
2017-11-22Dividend$0.28--
2017-08-30Dividend$0.28--
2017-05-24Dividend$0.28--
2017-03-08Dividend$0.28+10.00%
2016-11-22Dividend$0.25--
2016-08-24Dividend$0.25--
2016-05-25Dividend$0.25--
2016-03-09Dividend$0.25+13.64%
2015-11-24Dividend$0.22--
2015-08-26Dividend$0.22--
2015-05-27Dividend$0.22--
2015-03-26Split2-1-for-1 Stock SplitN/A
2015-03-11Dividend$0.44+15.79%
2014-11-25Dividend$0.38--
2014-08-27Dividend$0.38--
2014-05-28Dividend$0.38--
2014-03-12Dividend$0.38+18.75%
2013-11-26Dividend$0.32--
2013-08-28Dividend$0.32--
2013-05-29Dividend$0.32--
2013-03-11Dividend$0.32+16.36%
2012-11-28Dividend$0.28--
2012-08-29Dividend$0.28--
2012-05-29Dividend$0.28--
2012-03-08Dividend$0.28+10.00%
2011-11-28Dividend$0.25--
2011-08-29Dividend$0.25--
2011-05-26Dividend$0.25--
2011-03-09Dividend$0.25+38.89%
2010-11-26Dividend$0.18-40.00%
2010-08-27Dividend$0.30+66.67%
2010-05-26Dividend$0.18--
2009-03-10Dividend$0.18--
2008-11-25Dividend$0.18-50.00%
2008-08-27Dividend$0.36--
2008-05-28Dividend$0.36--
2008-03-06Dividend$0.36--
2007-11-28Dividend$0.36--
2007-08-29Dividend$0.36+50.00%
2007-05-29Dividend$0.24+26.32%
2007-03-09Dividend$0.19-50.00%
2006-11-28Dividend$0.38--
2006-08-29Dividend$0.38--
2006-05-26Dividend$0.38--
2006-03-08Dividend$0.38--
2005-11-28Dividend$0.38--
2005-08-29Dividend$0.38--
2005-05-25Dividend$0.38--
2005-03-09Dividend$0.38--
2004-11-26Dividend$0.38--
2004-08-27Dividend$0.38--
2004-05-26Dividend$0.38+11.76%
2004-03-05Dividend$0.34--
2003-11-25Dividend$0.34-96.60%
2003-09-02Dividend$10.00+2,841.18%
2003-08-27Dividend$0.34--
2003-05-28Dividend$0.34--
2003-03-05Dividend$0.34--
2002-11-26Dividend$0.34--
2002-08-28Dividend$0.34--
2002-05-29Dividend$0.34--
2002-02-27Dividend$0.34--
2001-11-28Dividend$0.34--
2001-08-29Dividend$0.34--
2001-05-29Dividend$0.34--
2001-03-01Dividend$0.34--
2000-11-28Dividend$0.34+13.33%
2000-08-29Dividend$0.30--
2000-05-26Dividend$0.30-70.00%
2000-03-13Dividend$1.00+233.33%
2000-02-23Dividend$0.30+20.00%
1999-11-26Dividend$0.25--
1999-08-27Dividend$0.25--
1999-05-26Dividend$0.25+78.57%
1999-03-29Dividend$0.14-57.58%
1998-12-29Dividend$0.33+100.00%
1998-09-28Dividend$0.17--
1998-06-26Dividend$0.17--
1998-03-27Dividend$0.17--
1997-12-29Dividend$0.17+10.00%
1997-09-26Dividend$0.15--
1997-06-26Dividend$0.15--
1997-03-26Dividend$0.15+11.11%
1996-12-27Dividend$0.14--
1996-09-26Dividend$0.14--
1996-06-26Dividend$0.14--
1996-03-27Dividend$0.14--
1995-12-27Dividend$0.14--
1995-09-27Dividend$0.14--
1995-06-28Dividend$0.14--
1995-03-27Dividend$0.14--
1994-12-23Dividend$0.14--
1994-09-26Dividend$0.14+3.85%
1994-06-24Dividend$0.13+30.00%
1994-03-25Dividend$0.10--
1993-12-27Dividend$0.10+33.33%
1993-09-21Dividend$0.08--
1993-06-24Dividend$0.08--
1993-03-25Dividend$0.08--
1992-12-24Dividend$0.08+50.00%
1992-09-24Dividend$0.05+300.00%
1992-06-24Dividend$0.01--
1992-03-25Dividend$0.01--


MGA Dividends vs. Peers

MGA's dividend yield currently ranks #5 of 84 vs. its peers in the Auto Parts category.
Rank Symbol Name Dividend Yield
1 BRDCY Bridgestone Corp. ADR 0.00%
2 LKQ LKQ Corp. 0.00%
3 APTV Aptiv PLC 0.00%
4 MGDDY Compagnie Generale des Etablissements Michelin ADR 0.00%
5 MGA Magna International Inc. 0.00%
6 PLOW Douglas Dynamics, Inc. 0.00%
7 BYDGF Boyd Group Services Inc. 0.00%
8 INVZ Innoviz Technologies, Inc. 0.00%
9 TEN Tenneco Inc. Class A Voting 0.00%
10 WBC Wabco Holdings Inc. 0.00%
11 GTX Garrett Motion Inc. 0.00%
12 THRM Gentherm Inc 0.00%
13 AEVA Aeva Technologies, Inc., 0.00%
14 PRTS CarParts.com Inc. 0.00%
15 FRSX Foresight Autonomous Holdings Ltd. 0.00%
16 GGR Gogoro Inc. 0.00%
17 MLR Miller Industries, Inc. 0.00%
18 SHLO Shiloh Industries, Inc. 0.00%
19 WPRT Westport Fuel Systems Inc 0.00%
20 MOD Modine Manufacturing Company 0.00%
21 TYIDY TOYOTA INDUSTRIES CORPORATION 0.00%
22 ALSN Allison Transmission Holdings, Inc. 0.00%
23 ALV Autoliv, Inc. 0.00%
24 TOWR Tower International, Inc. Common stock 0.00%
25 DLPH Delphi Technologies PLC Ordinary Shares 0.00%
26 NKRKY Nokian Renkaat Oyj 0.00%
27 SMP Standard Motor Products, Inc. 0.00%
28 GNTX Gentex Corporation 0.00%
29 CTIB CTI Industries Corporation 0.00%
30 NVVE Nuvve Holding Corp. 0.00%
31 VNE Veoneer, Inc. 0.00%
32 CPS Cooper-Standard Holdings Inc. 0.00%
33 ITRN Ituran Location & Control Ltd. 0.00%
34 XL XL Fleet Corp. 0.00%
35 HLLY Holley Inc. 0.00%
36 XPEL XPEL, Inc. 0.00%
37 MTOR Meritor, Inc. 0.00%
38 ORLY O'Reilly Automotive Inc. 0.00%
39 CGRO Collective Growth Corporation 0.00%
40 CVGI Commercial Vehicle Group, Inc. 0.00%
41 LAZR Luminar Technologies Inc. 0.00%
42 HY Hyster-Yale Materials Handling, Inc. 0.00%
43 SRI Stoneridge, Inc. 0.00%
44 JTEKY JTEKT Corporation 0.00%
45 GT The Goodyear Tire & Rubber Company 0.00%
46 QS QuantumScape Corp. Cl A 0.00%
47 RMO Romeo Power Inc. 0.00%
48 HZN Horizon Global Corp. 0.00%
49 LDL Lydall, Inc. 0.00%
50 LIMAF Linamar Corporation 0.00%
51 CTB Cooper Tire & Rubber Company 0.00%
52 LEA Lear Corporation 0.00%
53 BWA BorgWarner Inc. 0.00%
54 TDBOY TOYOTA BOSHOKU CORPORATION 0.00%
55 VLEEY Valeo 0.00%
56 MNRO Monro, 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 KNRRY Knorr-Bremse Aktiengesellschaft 0.00%
61 MPAA Motorcar Parts of America, Inc. 0.00%
62 GTXMQ Garrett Motion Inc. 0.00%
63 KOTMY Koito Manufacturing Co., Ltd. 0.00%
64 HSAI Hesai Group ADR 0.00%
65 AAP Advance Auto Parts Inc. 0.00%
66 CTTAY Continental AG ADR 0.00%
67 SUP Superior Industries International Inc. 0.00%
68 AXL American Axle & Manufacturing Holdings, Inc. 0.00%
69 DAN Dana Incorporated 0.00%
70 HLLGY HELLA GmbH & Co. KGaA 0.00%
71 GPC Genuine Parts Co. 0.00%
72 STRT STRATTEC SECURITY CORPORATION 0.00%
73 WEICY Weichai Power Co. Ltd. ADR 0.00%
74 VC Visteon Corporation 0.00%
75 DORM Dorman Products, Inc. 0.00%
76 AZO AutoZone Inc. 0.00%
77 SYTA Siyata Mobile Inc. 0.00%
78 ADNT Adient plc Ordinary Shares 0.00%
79 SYPR Sypris Solutions, Inc. 0.00%
80 VOXX VOXX International Corporation - 0.00%
81 SES SES AI Corporation 0.00%
82 DNZOY Denso Corp. ADR 0.00%
83 QNGY Quanergy Systems, Inc. 0.00%
84 CPTN Cepton Technologies, Inc. 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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