Magna International Dividend
Dividend criteria checks 5/6
Magna International is a dividend paying company with a current yield of 3.9% that is well covered by earnings.
Key information
3.9%
Dividend yield
44%
Payout ratio
| Industry average yield | 2.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$4.22 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Market Cool On Magna International Inc.'s (TSE:MG) Earnings
Apr 05
At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?
Mar 21Magna International (TSE:MG) Seems To Use Debt Quite Sensibly
Mar 06Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings
Feb 16Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?
Jan 23The Price Is Right For Magna International Inc. (TSE:MG)
Dec 19Is Magna International (TSE:MG) A Risky Investment?
Oct 27Is There Now An Opportunity In Magna International Inc. (TSE:MG)?
Sep 03If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity
Aug 15Is Magna International (TSE:MG) A Risky Investment?
Jul 15Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?
Jun 30When Should You Buy Magna International Inc. (TSE:MG)?
May 10Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate
Mar 28Is Magna International Inc. (TSE:MG) Potentially Undervalued?
Jan 29Does Magna International (TSE:MG) Have A Healthy Balance Sheet?
Jan 02Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 04What Is Magna International Inc.'s (TSE:MG) Share Price Doing?
Oct 21We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt
Sep 20At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Jul 21Is Magna International (TSE:MG) A Risky Investment?
Jun 21At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?
Apr 17Is Magna International (TSE:MG) Using Too Much Debt?
Mar 09Should You Investigate Magna International Inc. (TSE:MG) At CA$112?
Jan 17Is There An Opportunity With Magna International Inc.'s (TSE:MG) 40% Undervaluation?
Jan 04Is Magna International (TSE:MG) Using Too Much Debt?
Dec 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MG's dividends per share have been stable in the past 10 years.
Growing Dividend: MG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Magna International Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MG) | 3.9% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.6% |
| Industry Average (Auto Components) | 2.5% |
| Analyst forecast in 3 Years (MG) | 4.5% |
Notable Dividend: MG's dividend (3.9%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: MG's dividend (3.9%) is low compared to the top 25% of dividend payers in the Canadian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.8%), MG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.1%), MG's dividend payments are covered by cash flows.