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Magnolia Oil & Gas (Magnolia Oil & Gas) Forward Dividend Yield % : 1.89% (As of May. 01, 2024)


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What is Magnolia Oil & Gas Forward Dividend Yield %?

As of today (2024-05-01), the Forward Annual Dividend Yield of Magnolia Oil & Gas is 1.89%.

As of today (2024-05-01), the Trailing Annual Dividend Yield of Magnolia Oil & Gas is 1.89%.

MGY's Forward Dividend Yield % is ranked worse than
81.53% of 498 companies
in the Oil & Gas industry
Industry Median: 4.24 vs MGY: 1.89

Magnolia Oil & Gas's Dividends per Share for the three months ended in Dec. 2023 was $0.12.

During the past 12 months, Magnolia Oil & Gas's average Dividends Per Share Growth Rate was 15.00% 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 Magnolia Oil & Gas's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas'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.


Magnolia Oil & Gas's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's Forward Dividend Yield % falls into.



Magnolia Oil & Gas Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Magnolia Oil & Gas Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1300002024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002023-11-082023-11-092023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002023-08-092023-08-102023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002023-05-102023-05-112023-06-01Cash DividendquarterlyUSD:USD 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.

Magnolia Oil & Gas's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.52/25.07
=2.07 %

Current Share Price is $25.07.
Magnolia Oil & Gas's Dividends per Share for the forward twelve months is calculated as $0.13 * 4 = $0.52.

Magnolia Oil & Gas's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.475/25.07
=1.89 %

Current Share Price is $25.07.
Magnolia Oil & Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.475.

* 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.


Magnolia Oil & Gas  (NYSE:MGY) Forward Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Magnolia Oil & Gas Forward Dividend Yield % Related Terms

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Magnolia Oil & Gas (Magnolia Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquid (NGL) reserves. The Company's oil and natural gas properties are located in Karnes County and the Giddings area in South Texas, where the Company targets the Eagle Ford Shale and Austin Chalk formations. Its objective is to generate stock market value over the long term through consistent organic production growth, high full-cycle operating margins, and an efficient capital program with short economic paybacks. The company's operating segment is acquisition, development, exploration, and production of oil and natural gas properties located in the United States.
Executives
James R Larson director CSI COMPRESSCO LP, 1735 HUGHES LANDING BLVD STE 200, THE WOODLANDS TX 77380
Enervest, Ltd. director, 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
John B Walker director, 10 percent owner NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Brian Corales officer: SVP & Chief Financial Officer C/O MAGNOLIA OIL & GAS CORPORATION, NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Stephen I Chazen director, officer: Chairman, President & CEO 1700 E. PUTNAM AVE, SUITE 500, OLD GREENWICH CT 06870
Enervest Energy Institutional Fund Xiv-c, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Angela M Busch director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Enervest Management Gp, L.c. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Investment Services, L.l.c. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-wic, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-3a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-2a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-a, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Enervest Energy Institutional Fund Xiv-c-aiv, L.p. 10 percent owner 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Michael G. Macdougall director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102