Magna International Dividends and Buybacks
Dividend criteria checks 5/6
Magna International is a dividend paying company with a current yield of 3.28% that is well covered by earnings. Next payment date is on 29th May, 2026 with an ex-dividend date of 15th May, 2026.
Key information
3.3%
Dividend yield
2.6%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 7.3% |
| Next dividend pay date | 29 May 26 |
| Ex dividend date | 15 May 26 |
| Dividend per share | n/a |
| Payout ratio | 82% |
Recent dividend and buyback updates
Recent updates
Narrative Update • May 11
MG: Buybacks And Dividend Discipline Will Support Hybrid Transition And Stable Outlook
Analysts have nudged their CA$ fair value estimate for Magna International slightly higher to CA$89.26, reflecting updated assumptions on discount rate, revenue growth, profit margin, and a revised future P/E of 10.59x. What's in the News Magna has been actively repurchasing shares under buyback programs, with a total of 10,887,696 shares bought for $627 million under the buyback announced on October 31, 2025, including 9,900,000 shares repurchased between January 1, 2026 and May 1, 2026, and additional tranches completed in late 2025 (Key Developments).Narrative Update • Apr 20
MG: Buybacks And Dividend Discipline Will Support 2026 Hybrid Platform Outlook
Analysts have nudged their price target on Magna International slightly lower to about CA$88.91 from roughly CA$89.42, reflecting small adjustments to forecasts for discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Magna introduced DHD REX, a dedicated hybrid drive for range extended electric vehicles, designed as a modular, single motor system with multiple operating modes and applicability across B to E segment vehicles, including SUVs (Key Developments).Narrative Update • Apr 05
MG: Buybacks And Dividend Momentum Will Support Confidence In 2026 Outlook
Analysts have slightly adjusted their CA$ price target on Magna International as small changes to the discount rate, revenue growth, profit margin and future P/E assumptions feed into an updated view of the stock's valuation. What's in the News Magna introduced DHD REX, a dedicated hybrid drive for range extended electric vehicles that aims to offer an electric-like driving experience with instant torque response, quiet operation, and modular integration across multiple vehicle segments and platforms (Product-Related Announcement).Narrative Update • Mar 22
MG: Buybacks And Dividend Policy Will Support Confidence In 2026 Outlook
Analysts have adjusted their price target for Magna International slightly lower to about CA$89.42 from roughly CA$89.71, reflecting updated views on discount rates, modestly higher revenue growth expectations, slightly softer profit margins, and a small change in the assumed future P/E multiple. What's in the News Magna repurchased 4,498,439 shares for $265 million from October 31, 2025 to February 26, 2026, completing the buyback announced on October 31, 2025 (company filing).Narrative Update • Mar 07
MG: Dividend Strength And Buybacks Will Support Confidence In 2026 Guidance
Analysts have nudged their fair value estimate for Magna International up from CA$85.36 to CA$89.71, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Magna confirmed earnings guidance for 2026, with expected sales in a range of US$41.9b to US$43.5b (company guidance).Narrative Update • Feb 21
MG: Dividend Growth, Buybacks And 2026 Guidance Will Shape A Measured Outlook
Analysts have raised their price target on Magna International to CA$85.36 from CA$69.18, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News The board declared a fourth quarter dividend of $0.495 per common share, described as 2% higher than the prior level and marking the 16th consecutive year of fourth quarter dividend increases, payable on March 13, 2026 to shareholders of record on February 27, 2026 (company announcement).Narrative Update • Feb 07
MG: European EV Assembly And China eDrive Expansion Will Shape A Measured Outlook
Analysts have reduced their fair value estimate for Magna International to about $69, down from roughly $71, reflecting a slightly higher discount rate and modestly adjusted assumptions for revenue growth, profit margins, and future P/E multiples. What's in the News GAC and Magna launched a vehicle assembly program focused on electric mobility in Europe, with serial production of GAC's AION V electric SUV now running at Magna's Graz facility (Key Developments).Narrative Update • Jan 23
MG: Electric Mobility Partnerships And Buybacks Will Shape A Measured Outlook
Analysts have adjusted their price target on Magna International to US$70.64 from US$69.38, reflecting small tweaks to assumptions around fair value, discount rate, revenue growth, profit margin and future P/E expectations. What's in the News GAC and Magna launched a vehicle assembly program in Europe focused on electric mobility, with serial production of GAC's AION V electric SUV now running at Magna's Graz facility and the model already introduced in Finland, Poland and Portugal (Strategic Alliances).Narrative Update • Jan 07
MG: Electric Expansion And Buybacks Will Face An Overvaluation Risk
Analysts have slightly reduced their price expectations for Magna International, citing a small adjustment to the discount rate and revenue growth outlook. This has been partly offset by a marginal uptick in projected profit margin and a modestly lower future P/E assumption, which together keep their fair value estimate near US$69.38.Analysis Article • Jan 03
Is Magna International (TSE:MG) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Dec 15
MG: Electric Expansion And Buybacks Will Shape A Measured Outlook
Analysts have modestly raised their price target on Magna International to approximately $69.38 per share, reflecting slightly lower discount rate assumptions, a small upward revision to long term profit margins, and a marginally higher expected future P/E multiple, even as revenue growth forecasts edge down. What's in the News GAC and Magna launched a vehicle assembly program in Europe focused on accelerating electric mobility, with serial production of the five star Euro NCAP rated AION V SUV now underway at Magna's Graz facility and initial market entries in Finland, Poland and Portugal (Key Developments).Narrative Update • Nov 28
MG: Expansion Initiatives and Leadership Changes Will Define Balanced Year Ahead
Analysts have modestly reaffirmed Magna International's price target at $69.38, citing slight adjustments in discount rate and future price-to-earnings estimates as the foundation for their outlook. What's in the News GAC and Magna have launched a vehicle assembly program to accelerate electric mobility in Europe, with serial production of GAC’s electric SUV AION V now underway at Magna’s Graz facility.Narrative Update • Nov 14
MG: Share Buyback and New CFO Will Shape Next Year’s Outlook
Analysts have raised their fair value estimate for Magna International by approximately $2, bringing it to $69.38. This change reflects slightly higher revenue growth and improved profit margin expectations.Narrative Update • Oct 31
MG: European Production Launch And Steady Margins Will Shape Outlook
Magna International's analyst price target remains unchanged at $67.39 per share, as analysts cite a marginal increase in expected revenue growth but slightly lower profit margin projections, which balances out the overall valuation outlook. What's in the News Magna celebrates the first full year of global scaled production for its mirror-integrated Driver Monitoring System, recognized with a 2024 Automotive News PACE Award for advancing driver safety.Narrative Update • Oct 17
China Expansion And Operational Improvements Will Lead To Future Success
Analysts have marginally revised their price target for Magna International, keeping fair value steady at $67.39. Slight changes to the discount rate and growth assumptions resulted in minimal overall impact.Narrative Update • Oct 03
China Expansion And Operational Improvements Will Lead To Future Success
Analysts have raised their fair value price target for Magna International from $65.80 to $67.39. They cite stronger projected revenue growth and a slightly lower discount rate as key factors behind the update.Analysis Article • Oct 01
Does Magna International (TSE:MG) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Aug 06
China Expansion And Operational Improvements Will Lead To Future Success
The upward revision in Magna International’s price target reflects improved consensus expectations for both revenue growth and net profit margins, resulting in a new fair value estimate of CA$65.80. What's in the News Magna completed its share buyback program, repurchasing 5,851,327 shares (2.04%) for $253 million, with no shares repurchased from April to June 2025.Analysis Article • Aug 04
Earnings Beat: Magna International Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Magna International Inc. ( TSE:MG ) shareholders are probably feeling a little disappointed, since its shares fell 2.3...Analysis Article • Jul 21
When Should You Buy Magna International Inc. (TSE:MG)?
Let's talk about the popular Magna International Inc. ( TSE:MG ). The company's shares led the TSX gainers with a...Analysis Article • May 29
Is Magna International Inc. (TSE:MG) Trading At A 43% Discount?
Key Insights The projected fair value for Magna International is CA$87.10 based on 2 Stage Free Cash Flow to Equity...
New Narrative • Feb 09
Operational Improvements And EV Investments Will Support Future Shareholder Value
Margin expansion from operational excellence and restructuring activities will positively impact earnings and net margins.Stability 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) | 3.3% |
| Market Bottom 25% (CA) | 1.6% |
| Market Top 25% (CA) | 5.5% |
| Industry Average (Auto Components) | 2.2% |
| Analyst forecast (MG) (up to 3 years) | 3.4% |
Notable Dividend: MG's dividend (3.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.65%).
High Dividend: MG's dividend (3.28%) is low compared to the top 25% of dividend payers in the Canadian market (5.49%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (82%), MG's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.4%), MG's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 23:34 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Magna International Inc. is covered by 37 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| David Tyerman | ATB Cormark Historical (Cormark Securities) |
| Dan Levy | Barclays |