SmarterDividends
MGY

Magnolia Oil & Gas Corporation

MGY

Energy · Stock · quarterly payer

Forward Yield

2.23%

Annual Dividend

$0.63

Payout Ratio

36%

5-Yr Growth

Ex-Date

May 12, 2026

Frequency

Quarterly

MGY Dividend Safety Score

76/ 100
Grade B

Safe

Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage36% of earnings paid out
Free-cash-flow coverage53% of free cash flow
Balance-sheet strengthDebt/equity of 0.20
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 MGY a good dividend stock?

Yes

Magnolia Oil & Gas Corporation (MGY) pays a quarterly dividend yielding 2.23% ($0.63/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (36%)
  • 78% total price return over 5 years

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.23%
Payout Ratio
36%
Annual Dividend
$0.63
5-Yr Avg Growth
Ex-Dividend Date
May 12, 2026
Years of Growth
4
Frequency
quarterly
Beta
0.69
Market Cap
$5.4B
P/E Ratio
16.3
5-Yr Total Return
78%
52-Week Range
$21.07 – $32.76
Dividend Safety
B · 76/100
Ever Cut?
No
MGY ex-dividend date & scheduleNext ex-date May 12, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.63 / yr per share

Per payment (quarterly)$15.75
Annual$63.00
Monthly avg$5.25