A high-level overview of Magna International Inc. (MGA) stock. The dividend payout ratio of Magna International is 26.45%. RRSP Investing: Buy These 3 Dividend All-Star Stocks. Shares of Magna International (NYSE:MGA), supplier to almost 60 automotive original equipment manufacturers (OEMs), jumped 9% today after announcing a … Stock Research. Dividend all-star stocks like Magna International Inc. (TSX:MG)(NYSE:MGA) are well worth it.The post RRSP Investing: Buy These 3 Dividend All-Star Stocks appeared first on The Motley Fool Canada. (Analysts’ price target is $77.20) Show full opinion Hide full opinion. Ex-dividend dates are significant because investors in Magna International must own a stock before its ex-dividend date to receive its next dividend. MGA: Get the latest Magna stock price and detailed information including MGA news, historical charts and realtime prices. The current dividend yield for Magna as of December 18, 2020 is 2.48% . Rapidly improving balance sheet. Magna International Inc's market cap of $19 billion US dollars puts it in the large-sized market cap class; here, it has a lower equity discount rate than 26.97% of stocks. This translates into C$1.95 a share. Dividends declared prior to Q2 2006 have been restated on a post-split basis. At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Magna International Inc.. The stock had previously closed at C$85.67. Ownership Statement holders only. In on the electrification trend. Registered shareholders and U.S. In other words, Magna was paying out just 19.7% of its profits last year. RRSP investors should be aggressive right now. Export Data Save Image Print Image For advanced charting, view our full-featured Fundamental Chart. In aggregate, Magna International currently has a Value Score of A, putting it into the top 20% of all stocks we cover from this look. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. MG has been the subject of a number of research reports. Magna International pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.51%. Dividend all-star stocks like Magna International Inc. (TSX:MG)(NYSE:MGA) are well worth it. Nice dividend. View and export this data going back to 1986. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Find the latest MAGNA INTERNATIONAL INC (MG.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Magna's earnings have beat analysts' expectations for four consecutive quarters, helped by … Auto parts giant Magna International Inc. has raised its outlook for the year and increased its dividend by 67 per cent, sending the company's stock soaring to its highest level in nearly three years. Magna International (NYSE:MGA) declares $0.40/share quarterly dividend, in line with previous.Forward yield 2.89%Payable Dec. 4; for shareholders of record Nov. MGA | Complete Magna International Inc. stock news by MarketWatch. Despite COVID-19, Magna maintained its dividend, paying shareholders $115 million in the quarter. Even though the automotive industry is known for being cyclical, Magna’s dividends are quite safe. Magna International's earnings per share have fallen at approximately 19% a year over the previous five years. More » Market Crash: If You’re Invested in These Stocks, It’s Time to Sell MGA vs. RACE: Which Stock Is the Better Value Option? MGA Dividend History & Description — Magna International Inc. Magna International is a global automotive supplier which has vehicle engineering and contract manufacturing capabilities, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors and lighting, mechatronics and roof systems. Note (1): U.S. dividend rates apply to U.S. If you are looking for stocks with good return, Magna International Inc. stock can be a bad, high-risk 1-year investment option. Magna International does not yet have a strock track record of dividend growth. Actual dividends paid to holders outside Canada are reduced by the applicable Non-residents withholding tax. This works out to an attractive yield of 3.1 per cent. Zacks. Right now, Magna stock has a quarterly dividend rate of $0.365 per share, which comes out to an annual yield of 2.8%. There are … Including dividends, Magna's stock has gained 42 per cent over the past year. The company traded as high as C$96.11 and last traded at C$92.69, with a volume of 404308 shares. Energy. Magna International Inc (Symbol: MGA) has been named to the Dividend Channel ''International S.A.F.E. Start your Free Trial. Yield is 3.06%. Magna International (NYSE: MGA) is currently up 9.68% to a price of $71.68. Not a bad risk/reward. The current TTM dividend payout for Magna (MGA) as of December 18, 2020 is $1.60 . Strong auto demand. Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Current Dividend Yield Dividend Yield vs Market. Nice play on global growth. Cheap. What is Magna International current dividend yield, its reliability and sustainability? Nice dividend. MGA Stock Historical Dividends and Yields - Magna International Inc : Stock dividend history, yield and payout ratio data. Cheap. In the meantime, Magna also offers a respectable 2.83% dividend yield. Magna International Inc. (NYSE:MGA)’s Major holders . View 4,000+ financial data types. MGA Stock: Why Magna International Shares Are Driving Higher Today MGA is soaring on news of a joint-venture with LG By William White , InvestorPlace … Magna International Dividend Yield: 2.61% for Dec. 11, 2020. Read Full Analysis Company Profile Business Description . Magna now pays annual dividends of $1.46 a share. (A) (MG-T) October 8, 2020 Buy industrials into a recovery. (Source: “Dividends,” Magna International Inc., last accessed January 29, 2020.) Magna — which reports in U.S. dollars — said it will pay a dividend of 18 cents US per share after a one-time, two-for-one stock split takes effect later this month. Stock Screener. In on the electrification trend. Magna Int'l. Note (2): Dividend rates quoted are gross dividend rates. The best part is, unlike many beaten-down dividend stocks, Magna International still offers top-notch dividend safety. High Dividend: MG's dividend (2.51%) is low compared to the top 25% of dividend payers in the Canadian market (5.06%). Precious Metals . The share float percentage for the stock currently stands at 74.91%. The company raised its quarterly dividend to 44 cents per share from 38 cents. View today's stock price, news and analysis for Magna International Inc. (MGA). 10'' list, signifying an international stock … In comparison to other stocks in the Consumer Cyclical sector, Magna International Inc offers a higher dividend yield than 76.16% of them. In 2018, the company generated adjusted diluted earnings of $6.71 per share while paying four quarterly dividends totaling $1.32 per share. Investing in dividend-paying stocks, such as Magna International is one of the few strategies that are good for long-term investment. Use comma (,) to separate each symbol. Stock analysis for Magna International Inc (MG:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 2.51%. Magna says its dividend will rise to the equivalent of 44 cents per share with the March 27 payment to shareholders, or 22 cents per share after the company does a two-for-one stock split on March 25. Shares of Magna International Inc. (MG.TO) (TSE:MG) (NYSE:MGA) reached a new 52-week high during mid-day trading on Wednesday . Generous and growing dividends could prompt income-seeking investors to bid up the price of Magna’s shares. Notable Dividend: MG's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Canadian market (1.61%). Information is provided 'as-is' and solely for info This payout ratio is at a healthy, sustainable level, below 75%. If we look at who the major shareholders are, we find that insiders hold 7.45% of Magna International Inc. shares while 69.33% of the shares are in the hands of institutional holders. View real-time stock prices and stock quotes for a full financial overview. It only reduced its dividend in the recession of 2008 and 2009. During the past 5 years, the average dividend yield was 2.56% per year. Magna has increased its dividend in each of the last 10 years. Market Indexes. As Magna notes, there are a lot of reasons to be nervous about the auto sector right now. Historical Dividend Yield Data. Magna also approved a two-for-one stock split on Wednesday and said the split would be implemented through a stock dividend. Browse... View Full Chart Dividend Yield Chart . After the split, shareholders will get 22 cents per share. 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