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Magna International (MEX:MGA N) Dividend Yield % : 3.97% (As of Dec. 15, 2024)


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What is Magna International Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Magna International is 3.97%.

The historical rank and industry rank for Magna International's Dividend Yield % or its related term are showing as below:

MEX:MGA N' s Dividend Yield % Range Over the Past 10 Years
Min: 1.24   Med: 2.49   Max: 5.18
Current: 3.97

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%.

MEX:MGA N's Dividend Yield % is ranked better than
77.82% of 843 companies
in the Vehicles & Parts industry
Industry Median: 2.44 vs MEX:MGA N: 3.97

Magna International's Dividend Payout Ratio for the three months ended in Sep. 2024 was 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.

As of today (2024-12-15), the Forward Dividend Yield % of Magna International is 4.37%.

Magna International's Dividends per Share for the three months ended in Sep. 2024 was MXN9.35.

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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Magna International Dividend Yield % Historical Data

The historical data trend for Magna International's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Magna International Dividend Yield % Chart

Magna International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.73 2.82 2.13 3.33 3.21

Magna International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.24 3.21 3.43 4.09 4.05

Competitive Comparison of Magna International's Dividend Yield %

For the Auto Parts subindustry, Magna International's Dividend Yield %, along with its competitors' market caps and 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.


Magna International's Dividend Yield % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Magna International's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Magna International's Dividend Yield % falls into.



Magna International Dividend Yield % Calculation

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:MXN 20.338100
USD 0.4750002024-08-162024-08-162024-08-30Cash DividendquarterlyUSD:MXN 19.138200
USD 0.4750002024-05-162024-05-172024-05-31Cash DividendquarterlyUSD:MXN 16.803300
USD 0.4750002024-02-222024-02-232024-03-08Cash DividendquarterlyUSD:MXN 17.093700

* 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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=34.8523175/889.00
=3.92 %

Current Share Price is MXN889.00.
Magna International's Dividends per Share for the trailing twelve months (TTM) ended in Today is MXN34.8523175.

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

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=38.64239/889.00
=4.35 %

Current Share Price is MXN889.00.
Magna International's Dividends per Share for the forward twelve months is calculated as MXN9.6605975 * 4 = MXN38.64239.

* 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  (MEX:MGA N) 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.


Magna International Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Magna International's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.

Magna International Headlines

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