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Magnora ASA (OSL:MGN) 3-Year Dividend Growth Rate : 4.30% (As of Sep. 2024)


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What is Magnora ASA 3-Year Dividend Growth Rate?

Magnora ASA's Dividends per Share for the three months ended in Sep. 2024 was kr4.19.

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

OSL:MGN' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 4.3   Med: 4.3   Max: 4.3
Current: 4.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magnora ASA was 4.30% per year. The lowest was 4.30% per year. And the median was 4.30% per year.

OSL:MGN's 3-Year Dividend Growth Rate is ranked worse than
56.12% of 139 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.2 vs OSL:MGN: 4.30

During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% 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.

Magnora ASA's Dividend Payout Ratio for the three months ended in Sep. 2024 was 1.17. As of today, Magnora ASA's Dividend Yield % is 17.68%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Magnora ASA is 1.00, which seems too high.

Good Sign:

Magnora ASA stock dividend yield is close to 3-year high.

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


Competitive Comparison of Magnora ASA's 3-Year Dividend Growth Rate

For the Utilities - Renewable subindustry, Magnora ASA'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.


Magnora ASA's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Magnora ASA 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.


Magnora ASA  (OSL:MGN) 3-Year Dividend Growth Rate Explanation

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

Magnora ASA'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 )
=4.187/ 3.566
=1.17

During the past 13 years, the highest Dividend Payout Ratio of Magnora ASA was 2.48. The lowest was 0.13. And the median was 1.50.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Magnora ASA is 1.00, which seems too high.

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

Magnora ASA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
NOK 0.1870002024-10-182024-10-212024-10-23Cash DividendquarterlyNOK:NOK 1.000000
NOK 4.1870002024-08-132024-08-142024-08-16Cash Dividendsemi-annuallyNOK:NOK 1.000000
NOK 0.1870002024-03-012024-03-042024-03-07Cash Dividendsemi-annuallyNOK:NOK 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.

Magnora ASA's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.561/25.80
=17.68 %

Current Share Price is kr25.80.
Magnora ASA's Dividends per Share for the trailing twelve months (TTM) ended in Today is kr4.561.

During the past 13 years, the highest Dividend Yield of Magnora ASA was 56.91%. The lowest was 0.29%. And the median was 4.32%.

Good Sign:

Magnora ASA stock dividend yield is close to 3-year high.

* 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.


Magnora ASA 3-Year Dividend Growth Rate Related Terms>


Magnora ASA Business Description

Traded in Other Exchanges
Address
Karenslyst Alle 6, Oslo, NOR, 0277
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The company's segment includes Corporate and Projects. It generates maximum revenue from the Corporate segment. Geographically, it derives a majority of its revenue from the Norway.

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