Magna International, Inc. (MGA) Ex-Dividend Date Scheduled for March 11, 2013

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Magna International, Inc. ( MGA ) will begin trading ex-dividend on March 11, 2013. A cash dividend payment of $0.32 per share is scheduled to be paid on March 27, 2013. Shareholders who purchased MGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.36% increase over the prior quarter.

The previous trading day's last sale of MGA was $55.12, representing a -2.13% decrease from the 52 week high of $56.32 and a 50.85% increase over the 52 week low of $36.54.

MGA is a part of the Capital Goods sector, which includes companies such as Honeywell International Inc. ( HON ) and Ingersoll-Rand plc (Ireland) ( IR ). MGA's current earnings per share, an indicator of a company's profitability, is $6.09. Zacks Investment Research reports MGA's forecasted earnings growth in 2013 as -6.27%, compared to an industry average of 1.8%.

For more information on the declaration, record and payment dates, visit the MGA Dividend History page.



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: HON , IR , MGA

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