Magna International (MG) Dividend History & Analysis

Track McKesson's (MG) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 3.61%
Dividends per Share 12m 1.93
Dividend Growth Rate 5y 3.71%
Overall Dividend Rating 57.52%
Yield on Cost 5y 4.75%
Payout Ratio 35.7%
Payout Frequency 12m 4
Payout Consistency 67.8%
Total Return 12m: -28.47%
#26 in Group
Total Return 5y: 21.93%
#20 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Automotive Retail

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
MG 9,577m 3.61% 4.75%
DIE 9,479m 52.8% 298%
PAG 9,432m 2.91% 18.6%
CWH 1,056m 2.62% 12.4%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
MG 9,577m 3.71% 35.7%
DIE 9,479m 139% 54.6%
MUSA 8,686m 48.3% 7.50%
PAG 9,432m 37.2% 32.3%

MG Dividend History: Last 40 Payments (CAD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-02-28 2025-03-14 0.49 2.1% 0.93%
2024-11-15 2024-11-29 0.48 0.78%
2024-08-16 2024-08-30 0.48 0.87%
2024-05-16 2024-05-17 2024-05-31 Quarterly 0.48 0.74%
2024-02-22 2024-02-23 2024-03-08 Quarterly 0.48 4.3% 0.65%
2023-11-16 2023-11-17 2023-12-01 Quarterly 0.46 0.61%
2023-08-17 2023-08-18 2023-09-01 Quarterly 0.46 0.61%
2023-05-18 2023-05-19 2023-06-02 Quarterly 0.46 0.66%
2023-02-23 2023-02-24 2023-03-10 Quarterly 0.46 2.2% 0.61%
2022-11-17 2022-11-18 2022-12-02 Quarterly 0.45 0.56%
2022-08-11 2022-08-26 2022-08-26 Quarterly 0.45 0.55%
2022-05-12 2022-05-27 2022-05-27 Quarterly 0.45 0.62%
2022-02-24 2022-03-11 2022-03-11 Quarterly 0.45 4.7% 0.49%
2021-11-18 2021-11-19 2021-12-03 Quarterly 0.43 0.39%
2021-08-19 2021-08-20 2021-09-03 Quarterly 0.43 0.42%
2021-05-20 2021-05-21 2021-06-04 Quarterly 0.43 0.37%
2021-03-04 2021-03-05 2021-03-19 Quarterly 0.43 7.5% 0.39%
2020-11-19 2020-12-04 2020-12-04 Quarterly 0.4 0.5%
2020-08-20 2020-08-21 2020-09-04 Quarterly 0.4 0.59%
2020-05-21 2020-06-05 2020-06-05 Quarterly 0.4 0.73%
2020-03-05 2020-03-06 2020-03-20 Quarterly 0.4 8.1%
2019-11-21 2019-11-22 2019-12-06 Quarterly 0.37
2019-08-22 2019-08-23 2019-09-06 Quarterly 0.37
2019-05-23 2019-05-24 2019-06-07 Quarterly 0.37
2019-03-07 2019-03-08 2019-03-22 Quarterly 0.37 -15.2%
2018-11-22 2018-11-23 2018-12-07 Quarterly 0.4361 32.2%
2018-11-20 2018-12-07 2018-12-07 Quarterly 0.33
2018-08-30 2018-08-31 2018-09-14 Quarterly 0.33
2018-05-24 2018-05-25 2018-06-08 Quarterly 0.33
2018-03-08 2018-03-09 2018-03-23 Quarterly 0.33 -5.7%
2017-11-23 2017-11-24 2017-12-08 Quarterly 0.3498 27.2%
2017-11-22 2017-12-08 0.275
2017-08-30 2017-09-01 2017-09-15 Quarterly 0.275
2017-05-24 2017-05-26 2017-06-09 Quarterly 0.275
2017-03-08 2017-03-10 2017-03-24 Quarterly 0.275 -18.6%
2016-11-23 2016-11-25 2016-12-09 Quarterly 0.3379 35.1%
2016-11-22 2016-11-25 2016-12-09 Quarterly 0.25
2016-08-24 2016-08-26 2016-09-09 Quarterly 0.25
2016-05-25 2016-05-27 2016-06-10 Quarterly 0.25
2016-03-09 2016-03-11 2016-03-24 Quarterly 0.25

MG Dividend FAQ

Does MG pay dividends?

Yes, as of April 2025, MG paid a dividend of 1.93 CAD in the last 12 months. The last dividend was paid on 2025-02-28.

What is the Dividend Yield of MG?

As of April 2025, MG`s dividend yield is 3.61%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.93M CAD by the current share price of 49.52.

How often does MG pay dividends?

MG pays dividends quarterly. Over the last 12 months (TTM), MG has issued 4 dividend payments.

What is the next Ex-Dividend Date for MG?

The next ex-dividend date for Magna International (MG) is unknown.

What is the Dividend Growth of MG?

MG's average dividend growth rate over the past 5 years is 3.71M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of MG?

MG's 5-Year Yield on Cost is 4.75M%. This represents the effective dividend yield for an investor who bought Magna International five years ago. It is calculated as the sum of all trailing 12-month dividends (1.93M) divided by the purchase price five years ago (40.61):

What is the Payout Consistency of MG?

MG Payout Consistency is 67.8%.
Unstable: Magna International has an inconsistent track record of dividend payments.

Does MG have a good Dividend Yield?

MG`s 3.61% Dividend Yield is considered as moderate.

What is the Dividend Payout Ratio of MG?

The Dividend Payout Ratio of MG is 35.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of MG?

MG`s Overall Dividend Rating is 57.52%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

MG Outstanding Shares Analysis

What is the Trend in MG`s Outstanding Shares?

Magna International`s outstanding shares have decreased by approximately -0.92% annually over the past 5 years (Correlation: -50.0%), positively influencing stock price.

Has Magna International ever had a Stock Split?

Yes, last Stock Split was on 2015-03-26 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1985 95,828,000
1986 101,488,000 +5.91%
1987 111,276,000 +9.64%
1988 111,276,000
1989 111,276,000
1990 111,276,000
1991 130,000,000 +16.83%
1992 216,666,700 +66.67%
1993 240,645,200 +11.07%
1994 244,666,700 +1.67%
1995 259,718,300 +6.15%
1996 311,818,200 +20.06%
1997 316,666,700 +1.55%
1998 354,814,800 +12.05%
1999 358,400,000 +1.01%
2000 344,400,000 -3.91%
2001 360,800,000 +4.76%
2002 383,600,000 +6.32%
2003 387,600,000 +1.04%
2004 389,200,000 +0.41%
2005 444,400,000 +14.18%
2006 446,800,000 +0.54%
2007 478,000,000 +6.98%
2008 449,600,000 -5.94%
2009 448,400,000 -0.27%
2010 490,600,000 +9.41%
2011 474,200,000 -3.34%
2012 469,600,000 -0.97%
2013 450,800,000 -4%
2014 418,200,000 -7.23%
2015 407,000,000 -2.68%
2016 385,000,000 -5.41%
2017 362,300,000 -5.9%
2018 333,100,000 -8.06%
2019 306,300,000 -8.05%
2020 300,900,000 -1.76%
2021 301,600,000 +0.23%
2022 286,300,000 -5.07%
2023 286,600,000 +0.1%
2024 287,300,000 +0.24%