Magna International, Inc. (MGA) Ex-Dividend Date Scheduled for November 28, 2012

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Magna International, Inc. ( MGA ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $0.275 per share scheduled for December 14, 2012. Shareholders who purchased MGA stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that MGA has paid the same dividend. At the current stock price of $45.64, the dividend yield is 2.41%.

The previous trading day's last sale of MGA was $45.64, representing a -7.98% decrease from the 52 week high of $49.60 and a 44.71% increase over the 52 week low of $31.54.

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 $5.92. Zacks Investment Research reports MGA's forecasted earnings growth in 2012 as 15.99%, compared to an industry average of -8.3%.

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 Nasdaq, Inc.

This article appears in: News Headlines , Stocks
Referenced Symbols: HON , IR , MGA

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