Magna International Inc.
MGAConsumer Cyclical · Stock · quarterly payer
$68.15
Add to PortfolioForward Yield
2.91%
Annual Dividend
$1.98
Payout Ratio
82%
5-Yr Growth
3.9%
Ex-Date
May 15, 2026
Frequency
Quarterly
MGA Dividend Safety Score
84/ 100
Grade A
Very Safe
Dividend-growth streak15 consecutive years of growth
Cut historyCut its dividend in 2010
Earnings payout coverage82% of earnings paid out
Free-cash-flow coverage26% of free cash flow
Balance-sheet strengthDebt/equity of 0.55
Yield vs its historyYield in line with its history
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
Is MGA a good dividend stock?
YesMagna International Inc. (MGA) pays a quarterly dividend yielding 2.91% ($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
- 2.91%
- Payout Ratio
- 82%
- Annual Dividend
- $1.98
- 5-Yr Avg Growth
- 3.9%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 1.85
- Market Cap
- $18.6B
- P/E Ratio
- 28.8
- 5-Yr Total Return
- -27%
- 52-Week Range
- $35.86 – $69.94
- Dividend Safety
- A · 84/100
- Ever Cut?
- Yes (2010)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.4950 | regular |
| Feb 27, 2026 | — | $0.4950 | regular |
| Aug 15, 2025 | — | $0.4850 | regular |
| May 16, 2025 | — | $0.4850 | regular |
| Feb 28, 2025 | — | $0.4850 | regular |
| Nov 15, 2024 | — | $0.4750 | regular |
| Aug 16, 2024 | — | $0.4750 | regular |
| May 16, 2024 | — | $0.4750 | regular |
| Feb 22, 2024 | — | $0.4750 | regular |
| Nov 16, 2023 | — | $0.4600 | regular |
| Aug 17, 2023 | — | $0.4600 | regular |
| May 18, 2023 | — | $0.4600 | regular |
| Feb 23, 2023 | — | $0.4600 | regular |
| Nov 17, 2022 | — | $0.4500 | regular |
Income Calculator
At $1.98 / yr per share
Per payment (quarterly)$49.50
Annual$198.00
Monthly avg$16.50
