Magna International Dividend yield




   CAD/share 
 Price  95.32
 Dividend  2.18
 Earnings  3.74
 Cash-flow  14.66
 Book value  47.66
 Equity  47.34

Magna International is part of Automobiles and Parts business, which is part of Consumer Goods industry. Magna International is a company from Canada, and his stocks are publicly traded.

Magna International paid a total dividend of 656 million CAD last year, for a market value of 28,691 millions (Market Cap 26,729 millions). Dividend per share of Magna International is 2.18 CAD, and his stock market price 95.32 CAD.

According to the chart below, where dividend yield is displayed, Magna International has a dividend yield of 2.29%, which is lower than the amount offered by the market average , but bigger than Consumer Goods industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

In addition, you should compare Magna International dividend yield with other Automobiles and Parts companies or firms from Canada.

Dividend yield of Magna International

Magna International Dividend Payout

About the ability of Magna International to maintain his current dividend of CAD 2.18 per share, an amount that accounts for 2.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Magna International payout on ernings is currently 58.29%, which is higher than the market average, and companies of Consumer Goods industry, which are 39.27% and 46.27% respectively. Both figures show that Magna International can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Magna International is CAD 14.66 per share, which is higher than the dividend per share paid by the company of CAD 2.18, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Magna International, compared againt world market average, Canada companies, Consumer Goods industry and Automobiles and Parts sector companies.

Magna International payout

Magna International Dividend History

Year Yield  CAD  Paypout  Shares* 
Present2.29%2.1858.29%301
20202.26%2.0426.02%299
20192.66%1.8919.65%310
20182.91%1.8022.09%347
20171.93%1.3718.46%361
20162.48%1.3520.39%390
20151.93%1.1723.12%410

*In millions

Magna International Stock performance

Finally, last moth Magna International showed a return of -4.30% compared to a worldwide -1.33% average, and a -1.56% of Consumer Goods firms. Over the last year, the company obtained a 56.40% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for Canada and Automobiles and Parts firms.

Magna International stock and market return