Magna International Dividends and Buybacks
Dividend criteria checks 5/6
Magna International is a dividend paying company with a current yield of 4.5% that is well covered by earnings.
Key information
4.5%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 4.8% |
| Dividend Growth | 7.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$1.900 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Magna International Inc. (TSE:MG) Doing What It Can To Lift Shares
Dec 21
Should You Think About Buying Magna International Inc. (TSE:MG) Now?
Dec 03We Think Magna International (TSE:MG) Is Taking Some Risk With Its Debt
Oct 12A Piece Of The Puzzle Missing From Magna International Inc.'s (TSE:MG) Share Price
Sep 15Magna International Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 05At CA$57.34, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?
Jul 01Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?
Jun 10Market Cool On Magna International Inc.'s (TSE:MG) Earnings
Apr 05At 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 23Stability 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) | 4.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Auto Components) | 3.0% |
| Analyst forecast (MG) (up to 3 years) | 4.8% |
Notable Dividend: MG's dividend (4.5%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: MG's dividend (4.5%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), MG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.4%), MG's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Magna International Inc. is covered by 42 analysts. 17 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 |
| Dan Levy | Barclays |
| Tamy Chen | BMO Capital Markets Equity Research |