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