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Magellan Aerospace (TSX:MAL) 3-Year Dividend Growth Rate : -38.00% (As of Dec. 2023)


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What is Magellan Aerospace 3-Year Dividend Growth Rate?

Magellan Aerospace's Dividends per Share for the three months ended in Dec. 2023 was C$0.03.

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

TSX:MAL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -38   Med: 15.65   Max: 58.3
Current: -38

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magellan Aerospace was 58.30% per year. The lowest was -38.00% per year. And the median was 15.65% per year.

TSX:MAL's 3-Year Dividend Growth Rate is ranked worse than
100% of 74 companies
in the Aerospace & Defense industry
Industry Median: 9.85 vs TSX:MAL: -38.00

During the past 12 months, Magellan Aerospace's average Dividends Per Share Growth Rate was -61.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -38.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -19.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.10% 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.

Magellan Aerospace's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.51. As of today, Magellan Aerospace's Dividend Yield % is 1.25%.

Warning Sign:

Magellan Aerospace Corp stock dividend yield is close to 5-year low.

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


Competitive Comparison of Magellan Aerospace's 3-Year Dividend Growth Rate

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


Magellan Aerospace's 3-Year Dividend Growth Rate Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's 3-Year Dividend Growth Rate distribution charts can be found below:

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



Magellan Aerospace 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.


Magellan Aerospace  (TSX:MAL) 3-Year Dividend Growth Rate Explanation

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

Magellan Aerospace'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 )
=0.025/ 0.049
=0.51

During the past 13 years, the highest Dividend Payout Ratio of Magellan Aerospace was 52.50. The lowest was 0.15. And the median was 0.23.

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

Magellan Aerospace Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0252024-03-142024-03-152024-03-28Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0252023-12-142023-12-152023-12-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0252023-09-142023-09-152023-09-29Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0252023-06-152023-06-162023-06-30Cash DividendquarterlyCAD:CAD 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.

Magellan Aerospace's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.1/7.98
=1.25 %

Current Share Price is C$7.98.
Magellan Aerospace's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.1.

During the past 13 years, the highest Dividend Yield of Magellan Aerospace was 7.78%. The lowest was 0.35%. And the median was 1.63%.

Warning Sign:

Magellan Aerospace Corp stock dividend yield is close to 5-year low.

* 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.


Magellan Aerospace 3-Year Dividend Growth Rate Related Terms>


Magellan Aerospace (TSX:MAL) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace (TSX:MAL) Headlines

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