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MGA

MGA Ex-Dividend Reminder - 11/21/19

Looking at the universe of stocks we cover at Dividend Channel, on 11/21/19, Magna International Inc (Symbol: MGA) will trade ex-dividend, for its quarterly dividend of $0.365, payable on 12/6/19. As a percentage of MGA's recent stock price of $55.95, this dividend works out to approximately 0.65%, so look for shares of Magna International Inc to trade 0.65% lower — all else being equal — when MGA shares open for trading on 11/21/19.

MGA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MGA is likely to continue, and whether the current estimated yield of 2.61% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MGA shares, versus its 200 day moving average:

Kimco Realty Corp 200 Day Moving Average Chart

Looking at the chart above, MGA's low point in its 52 week range is $42.51 per share, with $57.09 as the 52 week high point — that compares with a last trade of $55.90.

In Tuesday trading, Magna International Inc shares are currently up about 0.6% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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

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