Magna International Dividends

MG Stock

CAD 65.05 2.00 3.17%

At this time, Magna International's Dividends Paid is very stable compared to the past year. As of the 25th of November 2024, Dividend Paid And Capex Coverage Ratio is likely to grow to 1.72, while Dividend Yield is likely to drop 0.02. Magna International's past performance could be the main factor of why investors trade Magna International stock today. Investors should clearly understand every aspect of the Magna International dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Magna International's dividend schedule and payout information. Magna International dividends can also provide a clue to the current valuation of Magna International.

	Last Reported	Projected for Next Year
Dividends Paid	522 M	548.1 M
Dividend Yield	0.03	0.02
Dividend Payout Ratio	0.43	0.25
Dividend Paid And Capex Coverage Ratio	1.03	1.72

One of the primary advantages of investing in dividend-paying companies such as Magna International is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.

Investing in dividend-paying stocks, such as Magna International is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Magna International must own a stock before its ex-dividend date to receive its next dividend.

Magna International Expected Dividend Income Per Share

Dividend payment represents part of Magna International's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Magna International. Magna International's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.

$1.14

Bottom Scenario

C$1.18

$1.23

Top Scenario

One Year

Magna International expected dividend income per share adjusted for ongoing price standard deviation

Magna International Past Distributions to stockholders

	31st of May 2024	0.48
	8th of March 2024	0.48
	1st of December 2023	0.46
	1st of September 2023	0.46
	2nd of June 2023	0.46
	10th of March 2023	0.62
	2nd of December 2022	0.60

Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

Specify up to 10 symbols:

Apply

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Magna International Dividends

Magna International Expected Dividend Income Per Share

Magna International Past Distributions to stockholders

Compare Dividends Across Peers

Specify up to 10 symbols:

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY