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Magnolia Oil & Gas (Magnolia Oil & Gas) 3-Year Dividend Growth Rate : 0.00% (As of Dec. 2023)


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What is Magnolia Oil & Gas 3-Year Dividend Growth Rate?

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

The historical rank and industry rank for Magnolia Oil & Gas's 3-Year Dividend Growth Rate or its related term are showing as below:

MGY's 3-Year Dividend Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 14.5
* Ranked among companies with meaningful 3-Year Dividend Growth Rate only.

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

Magnolia Oil & Gas's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.22. As of today, Magnolia Oil & Gas's Dividend Yield % is 1.80%.

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

Competitive Comparison of Magnolia Oil & Gas's 3-Year Dividend Growth Rate

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

Magnolia Oil & Gas's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Magnolia Oil & Gas's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Magnolia Oil & Gas's 3-Year Dividend Growth Rate falls into.


Magnolia Oil & Gas 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.

Magnolia Oil & Gas  (NYSE:MGY) 3-Year Dividend Growth Rate Explanation

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

Magnolia Oil & Gas'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 )
=0.115/ 0.53
=0.22

During the past 8 years, the highest Dividend Payout Ratio of Magnolia Oil & Gas was 0.22. The lowest was 0.03. And the median was 0.09.

2. 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 0.1302024-02-152024-02-162024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-11-082023-11-092023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-08-092023-08-102023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1152023-05-102023-05-112023-06-01Cash 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.475/26.34
=1.80 %

Current Share Price is $26.34.
Magnolia Oil & Gas's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.475.

During the past 8 years, the highest Dividend Yield of Magnolia Oil & Gas was 2.35%. The lowest was 0.31%. And the median was 1.48%.

* 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 3-Year Dividend Growth Rate Related Terms>

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

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnolia Oil & Gas Corp (NYSE:MGY) » Definitions » 3-Year Dividend Growth Rate
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Website
https://www.magnoliaoilgas.com
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