SmarterDividends
MGA

Magna International (MGA) Dividend

Magna International Inc. · Consumer Cyclical · Auto Parts · quarterly payer

$62.37

Fairly valued · +3% Add to Portfolio

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

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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?

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.

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-dateChangeOld → newMove
Feb 27, 2026Raise$0.485 → $0.495+2.1%
Feb 28, 2025Raise$0.475 → $0.485+2.1%
Feb 22, 2024Raise$0.460 → $0.475+3.3%
Feb 23, 2023Raise$0.450 → $0.460+2.2%
Feb 24, 2022Raise$0.430 → $0.450+4.7%
Mar 4, 2021Raise$0.400 → $0.430+7.5%
Mar 5, 2020Raise$0.365 → $0.400+9.6%
Mar 7, 2019Raise$0.330 → $0.365+10.6%
Mar 8, 2018Raise$0.275 → $0.330+20.0%
Mar 8, 2017Raise$0.250 → $0.275+10.0%
Mar 9, 2016Raise$0.220 → $0.250+13.6%
Mar 11, 2015Raise$0.190 → $0.220+15.8%
Show all 34 changes since 1992
Ex-dateChangeOld → newMove
Mar 12, 2014Raise$0.160 → $0.190+18.8%
Mar 11, 2013Raise$0.138 → $0.160+16.4%
Mar 8, 2012Raise$0.125 → $0.138+10.0%
Mar 9, 2011Raise$0.0900 → $0.125+38.9%
Nov 26, 2010Raise$0.0750 → $0.0900+20.0%
Aug 27, 2010Raise$0.0450 → $0.0750+66.7%
Nov 25, 2008Cut$0.0900 → $0.0450−50.0%
Aug 29, 2007Raise$0.0600 → $0.0900+50.0%
May 29, 2007Raise$0.0475 → $0.0600+26.3%
Mar 9, 2007Cut$0.0950 → $0.0475−50.0%
May 26, 2004Raise$0.0850 → $0.0950+11.8%
Nov 28, 2000Raise$0.0750 → $0.0850+13.3%
Feb 23, 2000Raise$0.0625 → $0.0750+20.0%
May 26, 1999Raise$0.0350 → $0.0625+78.6%
Mar 29, 1999Cut$0.0825 → $0.0350−57.6%
Dec 29, 1997Raise$0.0750 → $0.0825+10.0%
Mar 26, 1997Raise$0.0675 → $0.0750+11.1%
Sep 26, 1994Raise$0.0650 → $0.0675+3.8%
Jun 24, 1994Raise$0.0500 → $0.0650+30.0%
Dec 27, 1993Raise$0.0375 → $0.0500+33.3%
Dec 24, 1992Raise$0.0250 → $0.0375+50.0%
Sep 24, 1992Raise$0.0063 → $0.0250+300.0%
MGA ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →MGA dividend historyEvery payment, totals by year, raises and cutsView →MGA dividend calculator100 shares pay $198.00 a year, $49.50 each quarterCalculate →MGA total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

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.