Magna International (MGA) Dividends & Splits

Magna International Inc (MGA) is a leading global automotive supplier that offers a wide range of products and services to vehicle manufacturers. The company has a strong track record of returning value to its shareholders through regular dividends and occasional stock splits. For investors looking for income, Magna International Inc (MGA) provides a reliable dividend yield, which is the annual dividend divided by the stock price. The dividend yield represents the return on investment that an investor can expect to receive in the form of cash dividends. Currently, Magna International Inc (MGA) has a dividend yield of X%. The payout ratio, which is the percentage of earnings paid out as dividends, is also an important metric for dividend investors. Magna International Inc (MGA) has a payout ratio of X%, indicating that the company is returning a significant portion of its profits to shareholders. Investors can also keep track of the dividend ex-date, which is the date on which the stock starts trading without the dividend. When a company announces a stock split, it means that the number of shares outstanding will increase, but the total value of the shares will remain the same. Magna International Inc (MGA) has recently undergone a split, with a split multiple of X. This means that for every share of Magna International Inc (MGA) owned, shareholders received X additional shares. The dividend amount per share is the total amount of cash dividends paid by Magna International Inc (MGA) divided by the number of shares outstanding. The dividend growth rate, on the other hand, reflects the annualized rate of increase in dividend payments over a certain period of time. Magna International Inc (MGA) has a dividend growth rate of X%, indicating that the company has been increasing its dividends on a consistent basis. The dividend yield range represents the range of dividend yields that Magna International Inc (MGA) has historically offered to its shareholders. For example, the lowest dividend yield over the past five years was X% and the highest dividend yield was X%.

Magna International Inc (MGA) typically pays its dividends on a quarterly basis, meaning that shareholders can expect to receive a cash payment every three months. The dividend payment date is the date on which the dividend is actually paid out to shareholders. For Magna International Inc (MGA), the dividend payment date is usually in the month of March, June, September, and December. In summary, Magna International Inc (MGA) offers a reliable dividend yield, a significant payout ratio, and a history of dividend increases. The company has recently undergone a stock split and has a consistent dividend payment schedule. Investors looking for income can consider adding Magna International Inc (MGA) to their portfolio.