
Magna International (MG.TO) Dividend Payout Ratio
Market Cap: $14.94B
Avg Volume: 1.64M
Industry: Auto - Parts
Sector: Consumer Cyclical
What is Magna International's Dividend Payout Ratio?
- Magna International's trailing twelve month (TTM) Dividend Payout Ratio is {% percent_format dividend_payout_ratio_data.ttm }.
- Magna International's annual Dividend Payout Ratio as of today is 53.42%.
- Magna International's quarterly Dividend Payout Ratio is 65.80%.
What is the Dividend Payout Ratio?
The Dividend Payout Ratio measures the proportion of earnings a company pays to its shareholders in the form of dividends. It indicates how much of the company's earnings are being distributed as dividends to shareholders.
How is the Dividend Payout Ratio calculated?
The Dividend Payout Ratio is calculated by dividing the total dividends paid by the net income of the company. The formula is:
Dividend Payout Ratio = (Total Dividends Paid / Net Income) x 100
Related Metrics
Other important metrics to assess Magna International's financial health include:
- Dividend Yield - measures the company's annual dividends per share relative to its share price:
- Annual: 4.28%
- Quarterly: 1.09%
- TTM: 5.14%
These metrics provide insights into Magna International's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Dividend Payout Ratio
53.42%
Quarterly Dividend Payout Ratio
65.80%
TTM Dividend Payout Ratio
53.40%
Magna International Historical Dividend Payout Ratio
Historical Dividend Yield
Magna International Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
Year | Dividend Payout Ratio | Dividend Yield |
---|---|---|
2024 | 53.42% | 4.28% |
2023 | 43.03% | 3.09% |
2022 | 83.38% | 3.03% |
2021 | 33.65% | 2.09% |
2020 | 64.95% | 2.32% |
2019 | 26.03% | 2.66% |
2018 | 19.51% | 2.85% |
2017 | 18.13% | 1.90% |
2016 | 18.96% | 2.27% |
2015 | 17.59% | 2.14% |
Related Metrics
Explore detailed financial metrics and analysis for MG.TO.