Dividends for Magna International in 2024 (Updated Date)
Magna International logo
Magna International
Price 57.34CAD
0.39 (0.68%)
Dividend Yield 4.57%
Payout Ratio 52.55%
Dividend Growth 4 years
ISIN CA5592224011
Ticker MG
Sector Consumer Cyclical
Industry Auto Parts
Index TSE
Updated: Jun 28, 2024, 8:00:00 PM (UTC)

Magna International Dividends

Time for the next dividend:
00 D
:
00 H
:
00 M
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00 S
Confirmed
Calculator
Dividend/share amount Ex-dividend Date Payment Date Dividend Yield
Next Dividend $0.475 5/16/24 5/31/24 0.99%
0.12%
Last Dividend $0.475 2/22/24 3/8/24 0.87%
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Magna International Price-

Magna International Dividend Calendar

Event Day
Last trading date May 15, 2024
Ex-date May 16, 2024
Record date May 17, 2024
Payable date May 31, 2024

*Dividend data confirmed by the company
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Magna International dividend history

Ex-DateAmountVariationDiv. Yield
2024$1.287 48.38% 1.85%
5/16/24$0.6460.99%
2/22/24$0.6410.87%
2023$2.493 6.86% 3.39%
11/16/23$0.6290.84%
8/17/23$0.6220.84%
5/18/23$0.6190.87%
2/23/23$0.6230.84%
2022$2.333 8.41% 2.80%
11/17/22$0.60.73%
8/11/22$0.5750.70%
5/12/22$0.5850.79%
2/24/22$0.5730.61%
2021$2.152 0.42% 1.98%
11/18/21$0.5420.49%
8/19/21$0.5440.55%
5/20/21$0.5220.45%
3/4/21$0.5440.50%
2020$2.143 46.68% 3.26%
11/19/20$0.5230.66%
8/20/20$0.5290.79%
5/21/20$0.5561.01%
3/5/20$0.5350.87%
2019$1.461 74.10% 2.25%
11/21/19$0.4860.68%
8/22/19$0.4850.75%
5/23/19$0.490.83%
2018$5.641 293.38% 7.80%
11/22/18$4.3666.62%
8/30/18$0.4260.59%
5/24/18$0.4230.51%
3/8/18$0.4260.63%
2017$1.434 8.47% 2.34%
11/23/17$0.3490.51%
8/30/17$0.3440.58%
5/24/17$0.3720.62%
3/8/17$0.3690.64%
2016$1.322 16.07% 2.47%
11/23/16$0.3360.61%
8/24/16$0.3230.62%
5/25/16$0.3280.63%
3/9/16$0.3350.62%
2015$1.139 35.76% 1.73%
11/25/15$0.2930.49%
8/26/15$0.2930.46%
5/27/15$0.2740.38%
3/11/15$0.2790.42%
2014$0.839 25.79% 1.45%
11/26/14$0.2140.36%
8/27/14$0.2080.34%
5/28/14$0.2060.37%
3/12/14$0.2110.39%
2013$0.667 21.72% 1.83%
11/27/13$0.16850.39%
8/28/13$0.16750.42%
5/29/13$0.16650.49%
3/11/13$0.16450.57%
2012$0.548 11.38% 2.46%
11/28/12$0.1370.61%
8/29/12$0.1360.62%
5/29/12$0.1380.65%
3/8/12$0.1370.59%
2011$0.492 62.24% 2.34%
11/28/11$0.1270.73%
8/29/11$0.12250.66%
5/27/11$0.1190.50%
3/9/11$0.12350.50%
2010$0.30325 439.11% 1.44%
11/26/10$0.18050.72%
8/27/10$0.076250.37%
5/27/10$0.04650.26%
2009$0.05625 82.79% 0.86%
3/10/09$0.056250.86%
2008$0.32675 1.32% 2.21%
11/26/08$0.053250.65%
8/27/08$0.094250.63%
5/28/08$0.090750.50%
3/6/08$0.08850.49%
2007$0.3225 0.31% 1.44%
11/28/07$0.1010.48%
8/29/07$0.1010.43%
5/29/07$0.067250.28%
3/9/07$0.053250.25%
2006$0.3215 30.60% 1.56%
11/28/06$0.106750.51%
8/29/06$0.106750.54%
3/8/06$0.1080.51%
2005$0.463252.18%
11/28/05$0.112750.56%
8/29/05$0.114250.52%
5/25/05$0.11850.56%
3/9/05$0.117750.54%

Magna International Dividend Analysis

Yield last year
3.39%
2/3
Growth last year
6.86%
2/3
Years in a row paying
20
1/3
Yield Last 5 years
2.74%
2/3
Growth last 5 years
-15.07%
0/3
Consecutive years of rising dividends
4
0/3
Yield last 10 years
2.95%
2/3
Growth last 10 years
14.09%
3/3
Payout Ratio
43.50%
3/3
Final Score
15/27

Magna International FAQ

Magna International (MG) has declared a dividend payment of $0.475 per share, with a yield of 0.99%.

Magna International will distribute $0.475 per share to shareholders holding shares before May 16, 2024, with the payment planned for May 31, 2024.

Magna International, in its latest dividend distribution, granted $0.475 per share on March 8, 2024.

Dividend payments from Magna International are made quarterly, falling in the months of February, May, August, and November.

In terms of dividend yield, Magna International (MG) had 3.39% last year, an average of 2.74% over the last five years, and 2.95% over the last decade.

For the last fiscal year, Magna International reported a payout ratio of 43.50%, meaning that profits are sufficient to cover the dividend.

For 20 years, Magna International has paid dividends, increasing them for 4 consecutive years. The dividend growth compared to the previous year is 6.86%.