MGY Magnolia Oil & Gas dividend history, payout ratio & dates
Magnolia Oil & Gas's last dividend of $0.13 per share was on Nov 8, 2024 (ex-date). The annualized dividend payment of $0.52 per share represents a current dividend yield of 1.81%.
Key dates
- MGY last dividend date: Nov 8, 2024
MGY dividend stats
vs. Energy sector
Dividend yield
MGY has a dividend yield of 1.81% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 3.99%, Magnolia Oil & Gas's dividend yield is 55% lower.
Dividend history
Magnolia Oil & Gas has a history of paying dividends since 2021. Our records of MGY show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 13% since one year ago. But with the stock price up by 34% from a year ago, the dividend yield marks a decrease of 16%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.13 | 1.9% |
| Aug 9, 2024 | $0.13 | 2.08% |
| May 10, 2024 | $0.13 | 1.89% |
| Feb 15, 2024 | $0.13 | 2.22% |
| Nov 8, 2023 | $0.115 | 2.2% |
| Aug 9, 2023 | $0.115 | 1.92% |
| May 10, 2023 | $0.115 | 2.23% |
| Feb 9, 2023 | $0.115 | 1.42% |
| Nov 4, 2022 | $0.1 | 1.52% |
| Aug 11, 2022 | $0.1 | 1.28% |
| Feb 11, 2022 | $0.2 | 1.3% |
| Aug 11, 2021 | $0.08 | 0.54% |
Magnolia Oil & Gas dividend payout ratio
Payout ratio
MGY has a payout ratio of 25.7% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 56.2%, Magnolia Oil & Gas's payout ratio is 54% lower.
Total amount of dividends paid per financial year (from cash flow)
MGY dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PR Permian Resources Corp | 4.07% | $0.66 | 35.5% |
| MGY Magnolia Oil & Gas Corp | 1.81% | $0.52 | 25.7% |
Frequently asked questions
Does Magnolia Oil & Gas pay a dividend?
Yes, Magnolia Oil & Gas has paid four dividends in the last 12 months. MGY has been paying dividends since 2021.
When was MGY's last dividend?
Magnolia Oil & Gas's last regular dividend was on Nov 8, 2024 (ex-date) with the amount of $0.13 per share.
How much dividend does Magnolia Oil & Gas pay (per share)?
MGY has paid dividend of $0.52 per share in the last year.
What is Magnolia Oil & Gas's dividend yield?
Magnolia Oil & Gas's current dividend yield is 1.81%.
How often does Magnolia Oil & Gas pay dividends?
Magnolia Oil & Gas has a quarterly dividend frequency.
What is Magnolia Oil & Gas's dividend payout ratio?
Magnolia Oil & Gas's dividend payout ratio is 25.7%.
Does Magnolia Oil & Gas pay a good dividend?
Magnolia Oil & Gas's dividend yield is lower than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.