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 raised its dividend from CA$0.679 to CA$0.689.
Magna International Inc (MG.TO), a significant player in the Consumer Discretionary sector, has announced this increase. The new quarterly dividend is CA$0.689, reflecting the company’s commitment to providing value to its shareholders.
Investor takeaway: If you hold shares of Magna International Inc, you’ll benefit from the higher dividend, which will be paid on August 28, 2026, after the ex-dividend date of August 14, 2026. This is the ninth dividend increase in the past three years, showing a consistent trend in enhancing shareholder returns.
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Magna International Inc
MG.TO
MG.TO
Magna International Inc
WealthAwesomeAdvertisement
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
-0.49%
Beta
1.85
Analyst Price Targets
Based on analyst covering MG
Wall Street analysts forecast MG stock price to fall 4.0% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$93.70
-4.0% Upside
Current Price
C$97.56
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
32.9%
Annualized
90-Day Vol
34.0%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$116.63
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$103.54 | C$92.43 – C$115.99 |
| 60 trading days | C$109.89 | C$93.59 – C$129.03 |
| 90 trading days | C$116.63 | C$95.81 – C$141.98 |
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.
New Dividend Amount: CA$0.689
This is a CA$0.010 increase from the previous dividend of CA$0.679.
Dividend Details
The new dividend of CA$0.689 will be paid to shareholders on August 28, 2026. To qualify for this payment, you need to hold shares before the ex-dividend date on August 14, 2026. This increase is part of Magna International Inc's ongoing effort to boost its dividend payouts, with a total of 13 payments made over the last three years.
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Historical Context
Magna International Inc has a solid track record of increasing its dividends, with nine raises in the last three years. This consistent growth in payments highlights the company's strong financial performance and dedication to returning value to shareholders. The current trailing yield is 2.02%, reflecting the company's efforts to maintain a competitive dividend for investors.
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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