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Magna International (Magna International) 5-Year Yield-on-Cost %

: 5.49 (As of Today)
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Magna International's yield on cost for the quarter that ended in Dec. 2023 was 5.49.


The historical rank and industry rank for Magna International's 5-Year Yield-on-Cost % or its related term are showing as below:

MGA' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.51   Med: 3.23   Max: 7.33
Current: 5.49


During the past 13 years, Magna International's highest Yield on Cost was 7.33. The lowest was 1.51. And the median was 3.23.


MGA's 5-Year Yield-on-Cost % is ranked better than
77.56% of 802 companies
in the Vehicles & Parts industry
Industry Median: 2.38 vs MGA: 5.49

Competitive Comparison

For the Auto Parts subindustry, Magna International's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Magna International's 5-Year Yield-on-Cost % falls into.



Magna International 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Magna International is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Magna International  (NYSE:MGA) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Magna International 5-Year Yield-on-Cost % Related Terms

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Magna International (Magna International) Business Description

Traded in Other Exchanges
Address
337 Magna Drive, Aurora, ON, CAN, L4G 7K1
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%.