
Magna International (MGA) Dividend
Magna International Inc. · Consumer Cyclical · Auto Parts · quarterly payer
As of Nov 13, 2026, Magna International (MGA) pays a quarterly dividend of $0.4950 per share, or $1.98 a year, a 3.17% yield at its $62.37 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has raised its dividend 16 years in a row and has a dividend safety grade of A.
Forward Yield
3.17%
Annual Dividend
$1.98
Payout Ratio
64%
5-Yr Growth
3.9%
Ex-Date
Nov 13, 2026
Frequency
Quarterly
Get an email when Magna International declares its next dividend
The amount, the ex-date and the last day to buy, the morning after it's announced. Free account, no card.
Key facts about MGA's dividend
Data as of · Source: SmarterDividends data
- As of Nov 13, 2026, Magna International Inc. (MGA) has a forward dividend yield of 3.17%, based on an annual dividend of $1.98 per share and a share price of $62.37.
- As of Nov 13, 2026, MGA's dividend safety grade from SmarterDividends is A (86 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Magna International Inc. (MGA) has raised its dividend for 16 consecutive years as of Nov 13, 2026.
- MGA last cut its regular dividend in 2010.
- MGA's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
- As of Nov 13, 2026, MGA pays out 64% of its trailing 12-month earnings as dividends (its payout ratio).
- MGA's dividend has grown at an average rate of 3.9% a year over the past five years.
- As of Nov 13, 2026, SmarterDividends' blended fair-value estimate for MGA is $64.48 per share, 3% above the $62.37 share price, so MGA screens as fairly valued.
- Magna International Inc. (MGA) pays its dividend quarterly, 4 times a year.
- Magna International Inc. (MGA) has raised its regular dividend 31 times and cut it 3 times across the 137 payments on record since 1992. Its most recent change was a 2.1% increase to $0.495 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Nov 25, 2008.
- Magna International (MGA) has declared its first higher dividend of the year in February in 5 of the last 5 years; its most recent raise, 2.1%, was declared on Feb 13, 2026.
Cite this page
SmarterDividends, "MGA Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 13, 2026, https://smarterdividends.com/stocks/MGA
Is MGA a good dividend stock?
YesMagna International Inc. (MGA) pays a quarterly dividend yielding 3.17% ($1.98/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Top-tier dividend safety score
Risks
- Cut its dividend in 2010
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.17%
- Payout Ratio
- 64%
- Annual Dividend
- $1.98
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- Nov 13, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 1.82
- Market Cap
- $16.1B
- P/E Ratio
- 20.3
- 5-Yr Total Return
- -18%
- 52-Week Range
- $45.33 – $73.22
- Dividend Safety
- A · 86/100
- Ever Cut?
- Yes (2010)
MGA dividend raises and cuts
Magna International Inc. (MGA) has raised its regular dividend 31 times and cut it 3 times across the 137 payments on record since 1992. Its most recent change was a 2.1% increase to $0.495 per share, going ex-dividend on Feb 27, 2026. The last cut went ex-dividend on Nov 25, 2008.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Feb 27, 2026 | Raise | $0.485 → $0.495 | +2.1% |
| Feb 28, 2025 | Raise | $0.475 → $0.485 | +2.1% |
| Feb 22, 2024 | Raise | $0.460 → $0.475 | +3.3% |
| Feb 23, 2023 | Raise | $0.450 → $0.460 | +2.2% |
| Feb 24, 2022 | Raise | $0.430 → $0.450 | +4.7% |
| Mar 4, 2021 | Raise | $0.400 → $0.430 | +7.5% |
| Mar 5, 2020 | Raise | $0.365 → $0.400 | +9.6% |
| Mar 7, 2019 | Raise | $0.330 → $0.365 | +10.6% |
| Mar 8, 2018 | Raise | $0.275 → $0.330 | +20.0% |
| Mar 8, 2017 | Raise | $0.250 → $0.275 | +10.0% |
| Mar 9, 2016 | Raise | $0.220 → $0.250 | +13.6% |
| Mar 11, 2015 | Raise | $0.190 → $0.220 | +15.8% |
Show all 34 changes since 1992
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Mar 12, 2014 | Raise | $0.160 → $0.190 | +18.8% |
| Mar 11, 2013 | Raise | $0.138 → $0.160 | +16.4% |
| Mar 8, 2012 | Raise | $0.125 → $0.138 | +10.0% |
| Mar 9, 2011 | Raise | $0.0900 → $0.125 | +38.9% |
| Nov 26, 2010 | Raise | $0.0750 → $0.0900 | +20.0% |
| Aug 27, 2010 | Raise | $0.0450 → $0.0750 | +66.7% |
| Nov 25, 2008 | Cut | $0.0900 → $0.0450 | −50.0% |
| Aug 29, 2007 | Raise | $0.0600 → $0.0900 | +50.0% |
| May 29, 2007 | Raise | $0.0475 → $0.0600 | +26.3% |
| Mar 9, 2007 | Cut | $0.0950 → $0.0475 | −50.0% |
| May 26, 2004 | Raise | $0.0850 → $0.0950 | +11.8% |
| Nov 28, 2000 | Raise | $0.0750 → $0.0850 | +13.3% |
| Feb 23, 2000 | Raise | $0.0625 → $0.0750 | +20.0% |
| May 26, 1999 | Raise | $0.0350 → $0.0625 | +78.6% |
| Mar 29, 1999 | Cut | $0.0825 → $0.0350 | −57.6% |
| Dec 29, 1997 | Raise | $0.0750 → $0.0825 | +10.0% |
| Mar 26, 1997 | Raise | $0.0675 → $0.0750 | +11.1% |
| Sep 26, 1994 | Raise | $0.0650 → $0.0675 | +3.8% |
| Jun 24, 1994 | Raise | $0.0500 → $0.0650 | +30.0% |
| Dec 27, 1993 | Raise | $0.0375 → $0.0500 | +33.3% |
| Dec 24, 1992 | Raise | $0.0250 → $0.0375 | +50.0% |
| Sep 24, 1992 | Raise | $0.0063 → $0.0250 | +300.0% |
Frequently Asked Questions
Is MGA a good dividend stock?
Yes. Magna International Inc. (MGA) pays a quarterly dividend yielding 3.17% ($1.98/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is MGA undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MGA's fair value is about $64.48 versus a $62.37 share price — so it looks fairly valued (+3% vs. fair value).
Is MGA's dividend safe?
MGA has a dividend-safety grade of A (86/100), based on its payout coverage, free-cash-flow, 16-year growth streak, a dividend cut in 2010, debt and yield-versus-history.
What is MGA's fair value?
Our blended fair-value estimate for MGA is about $64.48 per share, roughly 3% above the current $62.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MGA a buy, hold, or sell?
We don't issue formal ratings, but on the data MGA screens as "yes" and fairly valued. Magna International Inc. (MGA) pays a quarterly dividend yielding 3.17% ($1.98/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will MGA cut its dividend?
MGA earns a dividend-safety grade of A (86/100), and has cut its dividend before (last in 2010). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MGA pay a dividend?
Yes. Magna International Inc. pays a quarterly dividend of about $1.98 per share annually, a forward yield of roughly 3.17%.
How much dividend does 100 shares of MGA pay?
At $1.98 per share a year, 100 shares of MGA pay $198.00 a year in dividends before tax, about $49.50 each quarter. Buying them costs about $6,237 at the Nov 13, 2026 price.
What is MGA's dividend yield?
As of Nov 13, 2026, MGA's forward dividend yield is 3.17%, based on a $1.98 annual dividend and a $62.37 share price.
What is MGA's dividend per share?
As of Nov 13, 2026, MGA pays $1.98 per share per year, distributed on a quarterly basis.
What is MGA's dividend payout ratio?
As of Nov 13, 2026, MGA's payout ratio is 64% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has MGA grown its dividend?
As of Nov 13, 2026, MGA has increased its dividend for 16 consecutive years.
When is the next MGA ex-dividend date?
As of Nov 13, 2026, the next ex-dividend date on record for MGA is Nov 13, 2026.
MGA Price — Last 12 Months
Daily close
Price Return
1 Year
+27%
3 Years
+15%
5 Years
-18%
52-Week Range
$45.33 – $73.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MGA worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Magna International Inc. is $64.48 per share, versus a market price of $62.37. That implies the stock is roughly fairly priced.
Fair Value
$64.48
Current Price
$62.37
Gap
+3%
Margin of Safety
3%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 8.2% annual free-cash-flow growth. We model 11.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 12.0% discount rate (CAPM), 11.6% growth for five years fading to 2.5% over the next five, $3.07 EPS, $1.98 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MGA Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MGA dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | Aug 28, 2026 | $0.4950 | regular |
| May 15, 2026 | May 29, 2026 | $0.4950 | regular |
| Feb 27, 2026 | Mar 13, 2026 | $0.4950 | regular |
| Nov 14, 2025 | Nov 28, 2025 | $0.4850 | regular |
| Aug 15, 2025 | Aug 29, 2025 | $0.4850 | regular |
| May 16, 2025 | May 30, 2025 | $0.4850 | regular |
| Feb 28, 2025 | Mar 14, 2025 | $0.4850 | regular |
| Nov 15, 2024 | Nov 29, 2024 | $0.4750 | regular |
| Aug 16, 2024 | Aug 30, 2024 | $0.4750 | regular |
| May 16, 2024 | May 31, 2024 | $0.4750 | regular |
| Feb 22, 2024 | Mar 8, 2024 | $0.4750 | regular |
| Nov 16, 2023 | Dec 1, 2023 | $0.4600 | regular |
| Aug 17, 2023 | Sep 1, 2023 | $0.4600 | regular |
| May 18, 2023 | Jun 2, 2023 | $0.4600 | regular |
Income Calculator
At $1.98 / yr per share
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