Magna International, Inc. (MGA) Ex-Dividend Date Scheduled for May 28, 2014

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Magna International, Inc. ( MGA ) will begin trading ex-dividend on May 28, 2014. A cash dividend payment of $0.38 per share is scheduled to be paid on June 13, 2014. Shareholders who purchased MGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 18.75% increase over the same period a year ago. At the current stock price of $102.24, the dividend yield is 1.49%.

The previous trading day's last sale of MGA was $102.24, representing a -0.16% decrease from the 52 week high of $102.40 and a 58.34% increase over the 52 week low of $64.57.

MGA is a part of the Capital Goods sector, which includes companies such as Honeywell International Inc. ( HON ) and Delphi Automotive plc ( DLPH ). MGA's current earnings per share, an indicator of a company's profitability, is $6.96. Zacks Investment Research reports MGA's forecasted earnings growth in 2014 as 14.75%, compared to an industry average of 16.6%.

For more information on the declaration, record and payment dates, visit the MGA Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: MGA , HON , DLPH

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