RRSP investors should be aggressive right now. Ownership Statement holders only. MGA: Get the latest Magna stock price and detailed information including MGA news, historical charts and realtime prices. Shares of Magna International (NYSE:MGA), supplier to almost 60 automotive original equipment manufacturers (OEMs), jumped 9% today after announcing a … In comparison to other stocks in the Consumer Cyclical sector, Magna International Inc offers a higher dividend yield than 76.16% of them. The current dividend yield for Magna as of December 18, 2020 is 2.48% . Magna International Inc (Symbol: MGA) has been named to the Dividend Channel ''International S.A.F.E. Despite COVID-19, Magna maintained its dividend, paying shareholders $115 million in the quarter. Stock Research. Ex-dividend dates are significant because investors in Magna International must own a stock before its ex-dividend date to receive its next dividend. Ultimately, when earnings per share decline, the size of the pie from which dividends can be paid, shrinks. MGA | Complete Magna International Inc. stock news by MarketWatch. Dividends declared prior to Q2 2006 have been restated on a post-split basis. Including dividends, Magna's stock has gained 42 per cent over the past year. There are … Generous and growing dividends could prompt income-seeking investors to bid up the price of Magna’s shares. Shares of Magna International Inc. (MG.TO) (TSE:MG) (NYSE:MGA) reached a new 52-week high during mid-day trading on Wednesday . Magna also approved a two-for-one stock split on Wednesday and said the split would be implemented through a stock dividend. Magna International's earnings per share have fallen at approximately 19% a year over the previous five years. The share float percentage for the stock currently stands at 74.91%. Note (2): Dividend rates quoted are gross dividend rates. View today's stock price, news and analysis for Magna International Inc. (MGA). Actual dividends paid to holders outside Canada are reduced by the applicable Non-residents withholding tax. Magna International does not yet have a strock track record of dividend growth. It only reduced its dividend in the recession of 2008 and 2009. 2.51%. (Analysts’ price target is $77.20) Show full opinion Hide full opinion. Precious Metals . Nice dividend. What is Magna International current dividend yield, its reliability and sustainability? Nice play on global growth. Magna now pays annual dividends of $1.46 a share. This payout ratio is at a healthy, sustainable level, below 75%. Right now, Magna stock has a quarterly dividend rate of $0.365 per share, which comes out to an annual yield of 2.8%. In on the electrification trend. Stock Screener. Find the latest MAGNA INTERNATIONAL INC (MG.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. During the past 5 years, the average dividend yield was 2.56% per year. Rapidly improving balance sheet. A high-level overview of Magna International Inc. (MGA) stock. Investing in dividend-paying stocks, such as Magna International is one of the few strategies that are good for long-term investment. Browse... View Full Chart Dividend Yield Chart . Dividend all-star stocks like Magna International Inc. (TSX:MG)(NYSE:MGA) are well worth it. After the split, shareholders will get 22 cents per share. If you are looking for stocks with good return, Magna International Inc. stock can be a bad, high-risk 1-year investment option. This works out to an attractive yield of 3.1 per cent. Magna's earnings have beat analysts' expectations for four consecutive quarters, helped by … The company traded as high as C$96.11 and last traded at C$92.69, with a volume of 404308 shares. The dividend payout ratio of Magna International is 26.45%. Magna International Inc's market cap of $19 billion US dollars puts it in the large-sized market cap class; here, it has a lower equity discount rate than 26.97% of stocks. Read Full Analysis Company Profile Business Description . View real-time stock prices and stock quotes for a full financial overview. Cheap. MGA Stock Historical Dividends and Yields - Magna International Inc : Stock dividend history, yield and payout ratio data. Magna International Dividend Yield: 2.61% for Dec. 11, 2020. Stock analysis for Magna International Inc (MG:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Magna Int'l. Magna has increased its dividend in each of the last 10 years. Magna — which reports in U.S. dollars — said it will pay a dividend of 18 cents US per share after a one-time, two-for-one stock split takes effect later this month. Zacks. 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