Magna International Dividend

Dividend criteria checks 5/6

Magna International is a dividend paying company with a current yield of 4.52% that is well covered by earnings.

Key information

4.5%

Dividend yield

53%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$3.53
Dividend yield forecast in 3Y4.8%

Recent dividend updates

Recent updates

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?

Jun 10
Are Investors Undervaluing Magna International Inc. (TSE:MG) By 49%?

Market Cool On Magna International Inc.'s (TSE:MG) Earnings

Apr 05
Market Cool On Magna International Inc.'s (TSE:MG) Earnings

At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Mar 21
At CA$74.11, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Mar 06
Magna International (TSE:MG) Seems To Use Debt Quite Sensibly

Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Feb 16
Shareholders Will Be Pleased With The Quality of Magna International's (TSE:MG) Earnings

Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

Jan 23
Is Magna International Inc. (TSE:MG) Trading At A 38% Discount?

The Price Is Right For Magna International Inc. (TSE:MG)

Dec 19
The Price Is Right For Magna International Inc. (TSE:MG)

Is Magna International (TSE:MG) A Risky Investment?

Oct 27
Is Magna International (TSE:MG) A Risky Investment?

Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

Sep 03
Is There Now An Opportunity In Magna International Inc. (TSE:MG)?

If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Aug 15
If EPS Growth Is Important To You, Magna International (TSE:MG) Presents An Opportunity

Is Magna International (TSE:MG) A Risky Investment?

Jul 15
Is Magna International (TSE:MG) A Risky Investment?

Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

Jun 30
Are Investors Undervaluing Magna International Inc. (TSE:MG) By 42%?

When Should You Buy Magna International Inc. (TSE:MG)?

May 10
When Should You Buy Magna International Inc. (TSE:MG)?

Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Mar 28
Magna International Inc. (TSE:MG) Shares Could Be 47% Below Their Intrinsic Value Estimate

Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Jan 29
Is Magna International Inc. (TSE:MG) Potentially Undervalued?

Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Jan 02
Does Magna International (TSE:MG) Have A Healthy Balance Sheet?

Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Dec 04
Magna International Inc. (TSE:MG) Shares Could Be 48% Below Their Intrinsic Value Estimate

What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

Oct 21
What Is Magna International Inc.'s (TSE:MG) Share Price Doing?

We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

Sep 20
We Think Magna International (TSE:MG) Can Stay On Top Of Its Debt

At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Jul 21
At CA$78.72, Is Magna International Inc. (TSE:MG) Worth Looking At Closely?

Is Magna International (TSE:MG) A Risky Investment?

Jun 21
Is Magna International (TSE:MG) A Risky Investment?

At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Apr 17
At CA$76.59, Is It Time To Put Magna International Inc. (TSE:MG) On Your Watch List?

Is Magna International (TSE:MG) Using Too Much Debt?

Mar 09
Is Magna International (TSE:MG) Using Too Much Debt?

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
How does MG dividend yield compare to the market?
SegmentDividend Yield
Company (MG)4.5%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.6%
Industry Average (Auto Components)2.7%
Analyst forecast in 3 Years (MG)4.8%

Notable Dividend: MG's dividend (4.52%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).

High Dividend: MG's dividend (4.52%) is low compared to the top 25% of dividend payers in the Canadian market (6.55%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (52.9%), MG's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (85.4%), MG's dividend payments are covered by cash flows.


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