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Magna International (TSE:MG)
TSX:MG
Holding TSE:MG?
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Dividend Data
Last Ex-Dividend Date
Aug 16, 2024Payment date
Aug 30, 2024
Aug 30, 2024
Dividend Amount Per Share
C$0.65Quarterly
Dividend Yield
4.58%Sector: Consumer Cyclical
Sector Average: 0.992%
Sector Average: 0.992%
Payout Ratio
35.94%Dividend Growth
a year agoSince 2023
Last 3 Months
MG Dividend History
Ex-Date | Record Date | Payment Date | Frequency | Declaration Date | Amount |
|---|---|---|---|---|---|
| Aug 16, 2024 | Aug 16, 2024 | Aug 30, 2024 | Quarterly | ― | 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 |
| May 12, 2022 | May 13, 2022 | May 27, 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$0.65 per share. TSE:MG's annual dividend yield is 4.58%.
When is Magna International ex-dividend date?
Magna International's previous ex-dividend date was on Aug 16, 2024. Magna International shareholders who own TSE:MG stock before this date received Magna International's last dividend payment of C$0.65 per share on Aug 30, 2024. TSE:MG's next ex-dividend date has not been announced yet.
When is Magna International dividend payment date?
Magna International’s next quarterly payment date is on Aug 30, 2024, when Magna International shareholders who owned TSE:MG shares before Aug 16, 2024 received a dividend payment of C$0.65 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$4.66, and their annual dividend per share is C$2.56. TSE:MG's dividend payout ratio is 35.94% (C$2.56/C$4.66) which is sustainable.