Dividend history
Magna International Inc
MG.TO
Recent payments
$0.6890CAD
Ex: Aug 14, 2026
Pay: Aug 28
$0.6790CAD
Ex: May 15, 2026
$0.6770CAD
Ex: Feb 27, 2026
$0.6810CAD
Ex: Nov 14, 2025
Pay: Nov 28
$0.6690CAD
Ex: Aug 15, 2025
Pay: Aug 29
$0.6770CAD
Ex: May 16, 2025
Pay: May 30
$0.7000CAD
Ex: Feb 28, 2025
Pay: Mar 14
$0.6680CAD
Ex: Nov 15, 2024
Pay: Nov 29
$0.6520CAD
Ex: Aug 16, 2024
Pay: Aug 30
$0.6460CAD
Ex: May 16, 2024
Pay: May 31
Magna International Inc has shown a strong commitment to returning value to shareholders through its dividend payments.
Magna International Inc (MG.TO) is a notable player in the Consumer Discretionary sector, maintaining a steady dividend payment track record for over three years. With 13 payments and nine increases, the company proves to be a reliable dividend payer.
Investor takeaway: If you're looking for consistent income, Magna International's dividend history may be appealing, especially in registered accounts like TFSA or RRSP, where dividends can grow tax-free.
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Magna International Inc
MG.TO
MG.TO
Magna International Inc
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Market cap
$26.10B
P/E
25.7x
Div. yield
2.02%
Div. / share
$1.97
52W high
$100.39
52W low
$58.73
1W change
+1.63%
Beta
1.85
Analyst Price Targets
Based on analyst covering MG
Wall Street analysts forecast MG stock price to fall 5.3% over the next 12 months.
Consensus
Moderately BearishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$93.70
-5.3% Upside
Current Price
C$98.98
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MG's historical volatility
30-Day Vol
32.8%
Annualized
90-Day Vol
34.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$118.33
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$105.05 | C$93.81 – C$117.64 |
| 60 trading days | C$111.49 | C$95.00 – C$130.85 |
| 90 trading days | C$118.33 | C$97.26 – C$143.97 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
13 Payments and 9 Increases Over 3 Years
In the past three years, Magna International has increased its dividend nine times, reflecting strong financial performance and a commitment to returning value to shareholders.
Dividend Payment History
Magna International has made a total of 13 dividend payments over the past three years, demonstrating its dedication to shareholders. The latest dividend payment was declared on July 31, 2026, at CA$0.689 CAD per share, up from CA$0.679 CAD previously. This shows the company's ability to consistently grow its dividends.
Ex-Dividend and Payment Dates
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The ex-dividend date for Magna International's latest dividend was August 14, 2026. Shareholders who owned the stock before this date were eligible to receive the dividend. The payment date is set for August 28, 2026, giving investors a clear timeline for their dividend income.
Commitment to Shareholder Returns
With nine dividend increases in the past three years, Magna International has demonstrated a strong commitment to enhancing shareholder value. This consistent track record of dividend payments and increases makes the company a reliable option for investors seeking income through dividends.
Dividend calendar
| Ticker | MG.TO |
| Amount | CA$0.689 |
| Ex-dividend | 2026-08-14 |
| Record | 2026-08-14 |
| Payment | 2026-08-28 |
| Declared | 2026-07-31 |
| Trailing yield | 2.02% |
| Stock page | MG.TO dividend history |
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