Magna International, Inc. (
) will begin trading ex-dividend on August 28, 2013. A cash
dividend payment of $0.32 per share is scheduled to be paid on
September 16, 2013. Shareholders who purchased MGA stock prior to
the ex-dividend date are eligible for the cash dividend payment.
This marks the 3rd quarter that MGA has paid the same dividend. At
the current stock price of $80.54, the dividend yield is 1.59%.
The previous trading day's last sale of MGA was $80.54,
representing a -2.47% decrease from the 52 week high of $82.58 and
a 90.26% increase over the 52 week low of $42.33.
MGA is a part of the Capital Goods sector, which includes
companies such as Honeywell International Inc. (
) and Ingersoll-Rand plc (Ireland) (
). MGA's current earnings per share, an indicator of a company's
profitability, is $6.5. Zacks Investment Research reports MGA's
forecasted earnings growth in 2013 as 6.1%, compared to an industry
average of 8.2%.
For more information on the declaration, record and payment
dates, visit the
has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to MGA through an Exchange
Traded Fund [ETF]?
The following ETF(s) have MGA as a top-10 holding:
- First Trust Value Line Equity Allocation Index(sm)Fund (
- Guggenheim Defensive Equity ETF (
The top-performing ETF of this group is FVI with an increase of
21.23% over the last 100 days. It also has the highest percent
weighting of MGA at 1.6%.