Magna International, Inc. (
) 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. (
) and Ingersoll-Rand plc (Ireland) (
). 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