Magna International Inc. (MGA) to Distribute Quarterly Dividend of $0.49 on August 28th

Magna International Inc. (NYSE:MGA) (TSE:MG) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, August 14th will be given a dividend of 0.495 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 14th.

Magna International has decreased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. Magna International has a dividend payout ratio of 34.4% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Magna International to earn $7.68 per share next year, which means the company should continue to be able to cover its $1.98 annual dividend with an expected future payout ratio of 25.8%.

Magna International Stock Performance

MGA stock opened at $68.66 on Friday. The company has a quick ratio of 0.88, a current ratio of 1.22 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $18.36 billion, a price-to-earnings ratio of 24.88, a P/E/G ratio of 0.94 and a beta of 1.44. Magna International has a 12 month low of $40.51 and a 12 month high of $70.36. The firm has a 50 day moving average of $65.83 and a two-hundred day moving average of $61.03.

Magna International (NYSE:MGA) (TSE:MG) last announced its quarterly earnings results on Friday, July 31st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.53 by $0.33. The company had revenue of $10.84 billion for the quarter, compared to analyst estimates of $10.63 billion. Magna International had a net margin of 1.60% and a return on equity of 14.01%. Magna International’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.44 EPS. Magna International has set its FY 2026 guidance at 6.700-7.300 EPS. As a group, equities analysts anticipate that Magna International will post 6.91 EPS for the current fiscal year.

More Magna International News

Here are the key news stories impacting Magna International this week:

• Positive Sentiment: Q2 results exceeded expectations. Adjusted EPS was a record $1.86, versus the $1.53 consensus estimate and $1.44 a year earlier. Sales rose 3% to $11.0 billion despite a 2% decline in global light-vehicle production. Magna Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Profitability improved sharply. Adjusted EBIT increased 16% to $677 million, while the adjusted EBIT margin expanded to 6.2% from 5.5%. Management cited productivity initiatives, restructuring benefits, higher organic sales, favorable foreign-exchange impacts and tariff recoveries. Magna Announces Strong Second Quarter Results
• Positive Sentiment: Full-year profitability and cash-flow targets were raised. Magna now expects 2026 adjusted EPS of $6.70-$7.30, up from $6.25-$7.25, adjusted EBIT margin of 6.3%-6.6%, and free cash flow of $1.75-$1.85 billion. The company also returned $598 million to shareholders in Q2 through dividends and share repurchases. Magna Q2 2026 Financial Review
• Neutral Sentiment: Revenue guidance was reduced to $41.3-$42.5 billion from $41.5-$43.1 billion, primarily because of unfavorable currency translation and the earlier completion of divestitures. The reduction does not reflect weaker operating expectations, but it could temper investor enthusiasm.
• Negative Sentiment: Magna continues to face lower production in North America, Europe and China, unfavorable product mix, customer price concessions and higher commodity costs. Six-month reported net income and GAAP EPS also declined year over year, partly because of substantially higher other expenses and amortization.

Magna International Company Profile

Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.