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MGA (Magna International) 3-Year Dividend Growth Rate : 6.40% (As of Sep. 2024)


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What is Magna International 3-Year Dividend Growth Rate?

Magna International's Dividends per Share for the three months ended in Sep. 2024 was $0.48.

The historical rank and industry rank for Magna International's 3-Year Dividend Growth Rate or its related term are showing as below:

MGA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -55.9   Med: 13   Max: 126.2
Current: 6.4

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.

MGA's 3-Year Dividend Growth Rate is ranked worse than
69.2% of 513 companies
in the Vehicles & Parts industry
Industry Median: 14.9 vs MGA: 6.40

During the past 12 months, Magna International's average Dividends Per Share Growth Rate was 3.30% 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 13.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Magna International's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.37. As of today, Magna International's Dividend Yield % is 4.25%.

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


Competitive Comparison of Magna International's 3-Year Dividend Growth Rate

For the Auto Parts subindustry, Magna International's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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's 3-Year Dividend Growth Rate Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Magna International's 3-Year Dividend Growth Rate falls into.



Magna International 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Magna International  (NYSE:MGA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Magna International's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=0.475/ 1.28
=0.37

During the past 13 years, the highest Dividend Payout Ratio of Magna International was 0.42. The lowest was 0.17. And the median was 0.22.

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

Magna International Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.4750002024-11-152024-11-152024-11-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.4750002024-08-162024-08-162024-08-30Cash DividendquarterlyUSD:USD 1.000000
USD 0.4750002024-05-162024-05-172024-05-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.4750002024-02-222024-02-232024-03-08Cash 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.

Magna International's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.9/44.80
=4.24 %

Current Share Price is $44.80.
Magna International's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.9.

During the past 13 years, the highest Dividend Yield of Magna International was 5.18%. The lowest was 1.24%. And the median was 2.49%.

* 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.


Magna International 3-Year Dividend Growth Rate Related Terms>


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 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.

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