Magnolia Oil & Gas Corporation (MGY) Dividends
MGY Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $25.53 | $9.13 | -62.6% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of MGY, the DDM model, as implemented by StockNews, implies a negative return of 62.6% relative to its current price. To help understand and contextualize the model's evaluation of MGY, investors may wish to consider are:
- Beta, which compares volatilty of an individual stock to that of the S&P 500, is lower for MGY than it is for merely 13.33% of other equities in the Energy sector that also issue dividends.
- In comparison to other stocks in the small-sized revenue class, where its estimated gain based on our dividend discount model price relative to its current share price is greater than merely 18.92% of companies in the same revenue class.
- As other dividend issuers in the Energy sector, Magnolia Oil & Gas Corp has an equity discount rate lower than merely 19.05% of them.
MGY Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-08-09 | Dividend | $0.13 | -- |
| 2024-05-10 | Dividend | $0.13 | -- |
| 2024-02-15 | Dividend | $0.13 | +13.04% |
| 2023-11-08 | Dividend | $0.12 | -- |
| 2023-08-09 | Dividend | $0.12 | -- |
| 2023-05-10 | Dividend | $0.12 | -- |
| 2023-02-09 | Dividend | $0.12 | +15.00% |
| 2022-11-04 | Dividend | $0.10 | -- |
| 2022-08-11 | Dividend | $0.10 | -50.00% |
| 2022-02-11 | Dividend | $0.20 | +150.00% |
| 2021-08-11 | Dividend | $0.08 | -- |
MGY Dividends vs. Peers
MGY's dividend yield currently ranks #172 of 178 vs. its peers in the Energy - Oil & Gas category.