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Magna International (TSE:MG)
TSX:MG
RESEARCH TOOLSreports
Holding TSE:MG?
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Dividend Data
Last Ex-Dividend Date
Nov 15, 2024Payment date
Nov 29, 2024
Nov 29, 2024
Dividend Amount Per Share
C$0.66Quarterly
Dividend Yield
4.42%Sector: Consumer Cyclical
Sector Average: 0.858%
Sector Average: 0.858%
Payout Ratio
37.53%Dividend Growth
a year agoSince 2023
Last 3 Months
MG Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| Nov 15, 2024 | Nov 15, 2024 | Nov 29, 2024 | Quarterly | ― | C$0.66 |
| Aug 16, 2024 | Aug 16, 2024 | Aug 30, 2024 | Quarterly | Aug 02, 2024 | C$0.65 |
| May 16, 2024 | May 17, 2024 | May 31, 2024 | Quarterly | May 03, 2024 | C$0.65 |
| Feb 22, 2024 | Feb 23, 2024 | Mar 08, 2024 | Quarterly | Feb 09, 2024 | C$0.64 |
| Nov 16, 2023 | Nov 17, 2023 | Dec 01, 2023 | Quarterly | ― | C$0.63 |
| Aug 17, 2023 | Aug 18, 2023 | Sep 01, 2023 | Quarterly | ― | C$0.62 |
| May 18, 2023 | May 19, 2023 | Jun 02, 2023 | Quarterly | ― | C$0.62 |
| Feb 23, 2023 | Feb 24, 2023 | Mar 10, 2023 | Quarterly | ― | C$0.61 |
| Nov 17, 2022 | Nov 18, 2022 | Dec 02, 2022 | Quarterly | ― | C$0.45 |
| Aug 11, 2022 | Aug 12, 2022 | Aug 26, 2022 | Quarterly | ― | C$0.58 |
FAQ
Does Magna International pay dividends?
Yes, TSE:MG has paid a dividend within the past 12 months.
How much is Magna International's dividend?
TSE:MG pays a dividend of C$0.66 per share. TSE:MG's annual dividend yield is 4.42%.
When is Magna International ex-dividend date?
Magna International's upcoming ex-dividend date is on Nov 15, 2024. Magna International shareholders who own TSE:MG stock before this date will receive Magna International's next dividend payment of C$0.66 per share on Nov 29, 2024. Add TSE:MG to your watchlist to be reminded before Magna International's ex-dividend date.
When is Magna International dividend payment date?
Magna International’s next quarterly payment date is on Nov 29, 2024, when Magna International shareholders who owned TSE:MG shares before Nov 15, 2024 received a dividend payment of C$0.66 per share. Add TSE:MG to your watchlist to be reminded of TSE:MG's next dividend payment.
Does Magna International have sufficient earnings to cover their dividend?
Yes, TSE:MG's past year earnings per share was C$5.12, and their annual dividend per share is C$2.60. TSE:MG's dividend payout ratio is 37.53% (C$2.60/C$5.12) which is sustainable.