Magna International Dividend
Dividend criteria checks 5/6
Magna International is a dividend paying company with a current yield of 4.07% that is well covered by earnings.
Key information
4.1%
Dividend yield
53%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.53 |
Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGA's dividends per share have been stable in the past 10 years.
Growing Dividend: MGA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Magna International Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MGA) | 4.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Auto Components) | 3.1% |
Analyst forecast in 3 Years (MGA) | 4.5% |
Notable Dividend: MGA's dividend (4.07%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: MGA's dividend (4.07%) is low compared to the top 25% of dividend payers in the German market (4.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.9%), MGA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (85.4%), MGA's dividend payments are covered by cash flows.