What is Magellan Aerospace Forward Dividend Yield %?
As of today (2024-05-05), the Forward Annual Dividend Yield of Magellan Aerospace is 1.25%.
As of today (2024-05-05), the Trailing Annual Dividend Yield of Magellan Aerospace is 1.25%.
TSX:MAL's Forward Dividend Yield % is ranked better than 55.63% of 142
companies
in the Aerospace & Defense industry
Industry Median: 1.1
vs TSX:MAL: 1.25
During the past 12 months, Magellan Aerospace's average Dividends Per Share Growth Rate was -61.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -38.00% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -19.70% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magellan Aerospace was 58.30% per year. The lowest was -38.00% per year. And the median was 15.65% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Magellan Aerospace's Forward Dividend Yield %
For the Aerospace & Defense subindustry, Magellan Aerospace's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magellan Aerospace's Forward Dividend Yield % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Magellan Aerospace's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Magellan Aerospace Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.025000
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.025000
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.025000
2023-09-14
2023-09-15
2023-09-29
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.025000
2023-06-15
2023-06-16
2023-06-30
Cash Dividend
quarterly
CAD:CAD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Magellan Aerospace's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Magellan Aerospace Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Magellan Aerospace's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.
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