Magna International Inc. Dividend
Magna International Inc. Dividend history 25 years & estimates 2024 to 2028
Dividend Analysis of the Magna International Inc. Stock
| Current dividend yield | 7.06 % |
| Dividendenrendite 5 Jahre | 2.25 % |
| Dividend Yield 10Y | 5.81 % |
| Payout 3Y | 5.27 % |
When does Magna International Inc. pay a dividend?
The Magna International Inc. stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the Magna International Inc. stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from Magna International Inc. are distributed via March, June, September and December.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.475
$0.48
|
Aug 16 2024
Aug 16 2024
Aug 30 2024
Aug 16 24
Aug 30 24 |
Aug 30 2024 |
quarterly
quarterly
|
| 2024 |
$0.475
$0.48
|
May 16 2024
May 16 2024
May 31 2024
May 16 24
May 31 24 |
May 31 2024 |
quarterly
quarterly
|
| 2024 |
$0.475
$0.48
|
Feb 22 2024
Feb 22 2024
Mar 08 2024
Feb 22 24
Mar 08 24 |
Mar 08 2024 |
quarterly
quarterly
|
| 2023 |
$0.46
$0.46
|
Nov 16 2023
Nov 16 2023
Dec 01 2023
Nov 16 23
Dec 01 23 |
Dec 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.46
$0.46
|
Aug 17 2023
Aug 17 2023
Sep 01 2023
Aug 17 23
Sep 01 23 |
Sep 01 2023 |
quarterly
quarterly
|
| 2023 |
$0.46
$0.46
|
May 18 2023
May 18 2023
Jun 02 2023
May 18 23
Jun 02 23 |
Jun 02 2023 |
quarterly
quarterly
|
| 2023 |
$0.46
$0.46
|
Feb 23 2023
Feb 23 2023
Mar 10 2023
Feb 23 23
Mar 10 23 |
Mar 10 2023 |
quarterly
quarterly
|
| 2022 |
$0.45
$0.45
|
Nov 17 2022
Nov 17 2022
Dec 02 2022
Nov 17 22
Dec 02 22 |
Dec 02 2022 |
quarterly
quarterly
|
| 2022 |
$0.45
$0.45
|
Aug 11 2022
Aug 11 2022
Aug 26 2022
Aug 11 22
Aug 26 22 |
Aug 26 2022 |
quarterly
quarterly
|
| 2022 |
$0.45
$0.45
|
May 12 2022
May 12 2022
May 27 2022
May 12 22
May 27 22 |
May 27 2022 |
quarterly
quarterly
|
How much dividend does Magna International Inc. pay?
Magna International Inc. most recently paid a dividend of $0.48. Magna International Inc. paid a Dividend of $1.84 Per Share in the financial year 2023. With a stock price of $40.20 at Sep 13 2024, the current dividend yield is 4.58% (calculation: $1.84 / $40.20 = 4.58%). No special dividend was paid.
What is the Magna International Inc. Dividend Yield and payout ratio?
The average Magna International Inc. dividend yield over the last 5 years is 2.78% and the average over the last 10 years is 2.56%.
The payout ratio of Magna International Inc. in relation to the last financial year is 43.50%. The payout ratio smoothed over 3 years is 47.39%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | Magna International Inc. |
|---|---|
| Current dividend yield | 4.58% |
| Dividend Yield 5Y | 2.78% |
| Dividend Yield 10Y | 2.56% |
| Payout 1Y | 43.50% |
| Payout 3Y | 47.39% |
Is the Magna International Inc. dividend safe? Continuity & Dividend Growth
Is the Magna International Inc. dividend safe?
Magna International Inc. has been paying a dividend for 25 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 6-times.
The Dividend Growth in relation to the previous financial year amounts to 2.22%. The average Magna International Inc. Dividend Growth over the last 5 years is 6.88%. The average for the last 10 years is 11.14%.
| Metric | Magna International Inc. |
|---|---|
| Increased | 6 Years |
| Continuity | 6 Years |
| Paid | 25 Years |
| Growth 1Y | 2.22% |
| Growth 5Y | 6.88% |
| Growth 10Y | 11.14% |
Continuity
Magna International Inc. has been paying a dividend for 25 years and has not lowered the dividend for 6 years (dividend continuity). As a result, the dividend was recently increased 6-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 2.22%. The average Magna International Inc. Dividend Growth over the last 5 years is 6.88%. The average for the last 10 years is 11.14%.
Magna International Inc. Stock Forecast 2024
On the stock exchange, the Magna International Inc. stock (ISIN: CA5592224011) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of Magna International Inc. -31.96% has fallen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the Magna International Inc. stock price in real time at the top of the page.
Magna International Inc. (symbol: MGA) is valued at a Price / Earnings Ratio (P/E ratio) of 11.69 and a price/sales ratio (P/S ratio) of 0.27 valued. Based on analyst estimates, the Magna International Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 8.44 according to P/E ratio and 0.27 according to P/S.
| Metric | Magna International Inc. |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
31.96%
|
| P/E TTM | 11.69 |
| P/S TTM | 0.27 |
| P/E forward | 8.44 |
| P/S forward | 0.27 |
Magna International Inc. (symbol: MGA) is valued at a Price / Earnings Ratio (P/E ratio) of 11.69 and a price/sales ratio (P/S ratio) of 0.27 valued. Based on analyst estimates, the Magna International Inc. stock forecast 2024 of the current financial year corresponds to a valuation of 8.44 according to P/E ratio and 0.27 according to P/S.
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