Magna International Dividends and Buybacks
Dividend criteria checks 6/6
Magna International is a dividend paying company with a current yield of 4.6% that is well covered by earnings.
Key information
4.6%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 4.4% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 7.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.900 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Magna International: Weak Customer Positioning Creates Uncertain Future
Dec 16Magna International: An Undervalued Stock With Double-Digit Long-Term Dividend Growth Rate
Oct 14Magna International: A Global Automotive Supplier Currently On An Upswing
Apr 15Magna: Attractive Entry For Long Term Returns
Apr 07Magna International: Margins Need To Improve
Jan 30Magna International: Management Needs To Step Up On Communication
Feb 16Magna International Q4 2022 Earnings Preview
Feb 09Magna guides 2022 EBIT margin below prior estimates
Jan 24Magna to acquire Veoneer Active Safety Business for $1.525B
Dec 20Magna International goes ex-dividend tomorrow
Nov 16Magna International Q3 2022 Earnings Preview
Nov 03Magna’s 48-Volt hybrid transmission makes debut on Stellantis models
Oct 26Magna to manufacture Cartken's autonomous delivery robot fleet
Sep 07Magna: 25% Cheaper With A Decent Upside
Jul 27Morgan Stanley cuts Magna price target to $79
Jul 14Magna: Inflationary Pressures Continue To Dominate
May 17Magna: Valuation Improves Just Enough, Upgrading To A Buy
Mar 06Magna International Stock: Well Placed To Benefit From The Upcoming Auto Industry Transformation
Feb 22Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MGA) | 4.6% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Auto Components) | 2.6% |
| Analyst forecast (MGA) (up to 3 years) | 5.0% |
Notable Dividend: MGA's dividend (4.6%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MGA's dividend (4.6%) is in the top 25% of dividend payers in the US market (4.48%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.6%), MGA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.4%), MGA'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 | 2025/01/02 08:12 |
| End of Day Share Price | 2025/01/02 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 |