Magna International
MGAMagna International is a global automotive supplier that designs, develops, and manufactures automotive systems, assemblies, and components. Founded in 1957 and headquartered in Canada, the company serves automakers worldwide, providing products such as body, chassis, exterior, powertrain, and electronic systems. Magna is known for its innovation and collaboration within the automotive industry, supporting the transition to electric and autonomous vehicles.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| May 29, 2026 | $0.49 | 2026-05-15 | 2026-05-15 |
| March 13, 2026 | $0.49 | 2026-02-27 | 2026-02-27 |
| November 28, 2025 | $0.48 | 2025-11-14 | 2025-11-14 |
| August 29, 2025 | $0.48 | 2025-08-15 | 2025-08-15 |
| May 30, 2025 | $0.48 | 2025-05-16 | 2025-05-16 |
Dividends Summary
- Consistent Payer: Magna International has rewarded shareholders with 64 dividend payments over the past 16 years.
- Total Returned Value: Investors who held MGA shares during this period received a total of $23.15 per share in dividend income.
- Latest Payout: The most recent dividend of $0.49/share was paid 50 days ago, on May 29, 2026.
- Yield & Schedule: MGA currently pays dividends quarterly with an annual yield of 2.95%.
- Dividend Growth: Since 2010, the dividend payout has grown by 65.0%, from $0.30 to $0.49.
- Dividend Reliability: MGA has maintained or increased its dividend for 45 consecutive payments.
Company News
InStride announced that its Capability Accelerators solution won the 'Best Professional Development Solution of the Year' award from EdTech Breakthrough. The cohort-based professional development programs help organizations close capability gaps through applied learning and AI-powered practice. A case study with Magna International showed 28% of ...
Magna International announced it will host a webcast on July 31, 2026 to discuss second quarter 2026 results. The company also announced it was awarded a driver and occupant monitoring system (DMS/OMS) program with a European automaker, positioning the technology as a platform-level solution for software-defined vehicle architectures.
Magna International delivered strong first-quarter 2026 results with 3% sales growth to $10.4 billion and a 58% increase in Adjusted EBIT to $558 million, despite a 7% decline in global light vehicle production. The company reported a $485 million loss on assets held for sale related to announced dispositions of Lighting and Rooftop Systems busin...
Next Generation Manufacturing Canada (NGen) announced nearly $25 million in federal funding to support 14 advanced manufacturing technology projects, leveraging $38 million in industry partner investments for a total of $62.7 million. The announcement was made at Hannover Messe, the world's largest industrial trade fair, as part of Canada's effor...
Next Generation Manufacturing Canada (NGen) announced nearly $25 million in federal funding supporting 14 advanced manufacturing technology projects, leveraging $38 million from industry partners for a total investment of $62.7 million. The announcement was made at Hannover Messe with Canadian Minister Mélanie Joly, showcasing Canada's advanced ...
