MGY Dividend History - Magnolia Oil & Gas

Track the latest MGY dividend history! 2.27% Dividend Yield, 79.15% Annual Growth - Explore MGY's complete dividend history

Yield 12m 2.27%
Cash Amount 12m 0.52
Dividend Growth 5y avg 79.15%
Dividend Rating 60.54%
Yield on Cost 5y 4.40%
Payout Ratio current 24.8%
Payout Frequency 12m 3
Payout Consistency 100.0%
Total Return 12m: 8.88%
#52 in Group
Total Return 5y: 93.65%
#68 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Oil & Gas Exploration & Production
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
MGY 4,981m 2.27% 4.40%
MVO 101m 18.7% 48.3%
PBR-A 87,468m 15.5% 36.3%
SD 437m 13.7% 46.2%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
MGY 4,981m 79.2% 60.5%
NOG 4,341m 90.7% 76.1%
MTDR 6,562m 73.3% 64.5%
CNQ 64,816m 95.9% 75.5%

MGY Dividend History - Last 12 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-11-08 2024-11-08 2024-12-02 Quarterly 0.13 0.48%
2024-08-09 2024-08-09 2024-09-03 Quarterly 0.13 0.54%
2024-05-10 2024-05-13 2024-06-03 Quarterly 0.13 0.49%
2024-02-15 2024-02-16 2024-03-01 Quarterly 0.13 13% 0.62%
2023-11-08 2023-11-09 2023-12-01 Quarterly 0.115 0.54%
2023-08-09 2023-08-10 2023-09-01 Quarterly 0.115 0.5%
2023-05-10 2023-05-11 2023-06-01 Quarterly 0.115 0.59%
2023-02-09 2023-02-10 2023-03-01 Quarterly 0.115 15% 0.5%
2022-11-04 2022-11-07 2022-12-01 Quarterly 0.1 0.39%
2022-08-11 2022-08-12 2022-09-01 SemiAnnual 0.1 -50% 0.43%
2022-02-11 2022-02-14 2022-03-01 SemiAnnual 0.2 150% 0.95%
2021-08-11 2021-08-12 2021-09-01 SemiAnnual 0.08 0.56%

MGY Dividend History - FAQ

What is the Dividend Yield of MGY?

As of December 2024 MGY`s Dividend Yield is 2.27%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 0.52 USD by the current stock price of 22.89.

What is the long-term Dividend Growth Rate of MGY?

In the last 5 Years the Average Dividend Growth Rate was 79.15% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does MGY pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) MGY paid 3 times a dividend.

What is the Yield on Cost of MGY?

The 5 Year Yield-On-Cost is 4.40%. That's the effective dividend income you'd receive today if you purchased Magnolia Oil & Gas five years ago. It is calculated by the Rate of the last 12 Months (0.52) divided by the price 5 years ago (11.82).

What is the Payout Consistency of MGY?

MGY has a Payout Consistency of 100.0%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of MGY?

The Overall Dividend Rating of 60.54 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does MGY have a good Dividend Yield?

MGY`s 2.27% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for MGY?

The next Dividend Date for MGY is unknown.

What is the Dividend Payout Ratio of MGY?

The Dividend Payout Ratio of MGY is 24.8%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: MGY Outstanding Shares

What is the Trend of MGY`s Outstanding Shares?

The Outstanding Shares of Magnolia Oil & Gas are growing at a rate of 2.10% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 70.0%. Investors should be aware that the price of a stock often is negatively affected by an increasing number of shares.

Did Magnolia Oil & Gas ever had a Stock Split?

No Stock Splits found.
Year Number of Shares (Mill.) Growth Rate
2017 81250000
2018 158998000 +95.69%
2019 171647000 +7.96%
2020 169326000 -1.35%
2021 181411000 +7.14%
2022 190659000 +5.1%
2023 184625000 -3.16%
2024 187871000 +1.76%