WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. (Analysts’ price target is $77.20) Show full opinion Hide full opinion. MG has been the subject of a number of research reports. 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. RRSP investors should be aggressive right now. The company traded as high as C$96.11 and last traded at C$92.69, with a volume of 404308 shares. In 2018, the company generated adjusted diluted earnings of $6.71 per share while paying four quarterly dividends totaling $1.32 per share. Stock Research. Magna International Inc. (NYSE:MGA)’s Major holders . Even though the automotive industry is known for being cyclical, Magna’s dividends are quite safe. A high-level overview of Magna International Inc. (MGA) stock. More » Market Crash: If You’re Invested in These Stocks, It’s Time to Sell The dividend payout ratio of Magna International is 26.45%. 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. In the meantime, Magna also offers a respectable 2.83% dividend yield. 2.51%. Magna International (NYSE: MGA) is currently up 9.68% to a price of $71.68. Magna now pays annual dividends of $1.46 a share. MGA vs. RACE: Which Stock Is the Better Value Option? Generous and growing dividends could prompt income-seeking investors to bid up the price of Magna’s shares. 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. This translates into C$1.95 a share. Rapidly improving balance sheet. Dividend all-star stocks like Magna International Inc. (TSX:MG)(NYSE:MGA) are well worth it. In other words, Magna was paying out just 19.7% of its profits last year. RRSP Investing: Buy These 3 Dividend All-Star Stocks. 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. During the past 5 years, the average dividend yield was 2.56% per year. Magna International's earnings per share have fallen at approximately 19% a year over the previous five years. Stock analysis for Magna International Inc (MG:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Including dividends, Magna's stock has gained 42 per cent over the past year. MGA: Get the latest Magna stock price and detailed information including MGA news, historical charts and realtime prices. MGA | Complete Magna International Inc. stock news by MarketWatch. This works out to an attractive yield of 3.1 per cent. Information is provided 'as-is' and solely for info MGA Stock Historical Dividends and Yields - Magna International Inc : Stock dividend history, yield and payout ratio data. The current TTM dividend payout for Magna (MGA) as of December 18, 2020 is $1.60 . 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. Magna International Dividend Yield: 2.61% for Dec. 11, 2020. High Dividend: MG's dividend (2.51%) is low compared to the top 25% of dividend payers in the Canadian market (5.06%). If you are looking for stocks with good return, Magna International Inc. stock can be a bad, high-risk 1-year investment option. 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. Yield is 3.06%. Zacks. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. Dividends declared prior to Q2 2006 have been restated on a post-split basis. Notable Dividend: MG's dividend (2.51%) is higher than the bottom 25% of dividend payers in the Canadian market (1.61%). Note (1): U.S. dividend rates apply to U.S. Precious Metals . Energy. This payout ratio is at a healthy, sustainable level, below 75%. Actual dividends paid to holders outside Canada are reduced by the applicable Non-residents withholding tax. The stock had previously closed at C$85.67. Magna Int'l. 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. Export Data Save Image Print Image For advanced charting, view our full-featured Fundamental Chart. The company raised its quarterly dividend to 44 cents per share from 38 cents. Market Indexes. At Walletinvestor.com we predict future values with technical analysis for wide selection of stocks like Magna International Inc.. Not a bad risk/reward. Strong auto demand. Historical Dividend Yield Data. 10'' list, signifying an international stock … There are … Shares of Magna International Inc. (MG.TO) (TSE:MG) (NYSE:MGA) reached a new 52-week high during mid-day trading on Wednesday . Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. Ex-dividend dates are significant because investors in Magna International must own a stock before its ex-dividend date to receive its next dividend. Magna International pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.51%. The current dividend yield for Magna as of December 18, 2020 is 2.48% . Despite COVID-19, Magna maintained its dividend, paying shareholders $115 million in the quarter. Browse... View Full Chart Dividend Yield Chart . View today's stock price, news and analysis for Magna International Inc. (MGA). Nice dividend. In comparison to other stocks in the Consumer Cyclical sector, Magna International Inc offers a higher dividend yield than 76.16% of them. Start your Free Trial. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. 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