Magna International (Magna International) Dividend Payout Ratio

: 0.35 (As of Dec. 2023)

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Magna International's dividend payout ratio for the months ended in Dec. 2023 was 0.35.

The historical rank and industry rank for Magna International's Dividend Payout Ratio or its related term are showing as below:

MGA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.22 Max: 0.42
Current: 0.34

During the past 13 years, the highest Dividend Payout Ratio of Magna International was 0.42. The lowest was 0.16. And the median was 0.22.

MGA's Dividend Payout Ratio is ranked worse than
58.39% of 745 companies
in the Vehicles & Parts industry
Industry Median: 0.28 vs MGA: 0.34

As of today (2024-04-24), the Dividend Yield % of Magna International is 3.72%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Magna International was 5.18%. The lowest was 1.07%. And the median was 2.28%.

Magna International's Dividends per Share for the months ended in Dec. 2023 was $0.46.

During the past 12 months, Magna International's average Dividends Per Share Growth Rate was 1.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magna International was 126.20% per year. The lowest was -55.90% per year. And the median was 13.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Magna International Dividend Payout Ratio Historical Data

The historical data trend for Magna International's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Magna International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.24

0.41

0.34

0.43

0.34

Magna International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.50	0.41	0.31	0.32	0.35

Competitive Comparison

For the Auto Parts subindustry, Magna International's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Magna International Dividend Payout Ratio Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Magna International's Dividend Payout Ratio falls into.

Magna International Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Magna International's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.84	/	5.49
	=	0.34

Magna International's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.46	/	1.33
	=	0.35

Magna International (NYSE:MGA) Dividend Payout Ratio Explanation

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.

Magna International Dividend Payout Ratio Related Terms

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Magna International (Magna International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Magna International Inc (NYSE:MGA) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MGA N:Mexico MGA:Germany MGA:Germany MG:Canada

Address

337 Magna Drive, Aurora, ON, CAN, L4G 7K1

Website

https://www.magna.com

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.