Have a feature idea you'd love to see implemented? Let us know!
Back to MGY overview

MGY Magnolia Oil & Gas dividend history, payout ratio & dates

Magnolia Oil & Gas's last dividend of $0.13 per share was on Aug 9, 2024 (ex-date). The annualized dividend payment of $0.51 per share represents a current dividend yield of 1.89%.

Key dates

  • MGY last dividend date: Aug 9, 2024
MGY dividend stats
DPS
$0.51
Dividend yield
1.95%
Payout ratio
24.8%
vs. Energy sector
Dividend yield
4.35%
Payout ratio
49.2%

Dividend yield

What is Magnolia Oil & Gas current dividend yield

MGY has a dividend yield of 1.89% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.35%, Magnolia Oil & Gas's dividend yield is 57% lower.

Dividend history

What is MGY dividend payout history and dates

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 14% from a year ago, the dividend yield marks a decrease of 0.1%.

Recent dividends

Ex-date Amount Yield (TTM)
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

What is Magnolia Oil & Gas dividend payout ratio compared to the sector

Payout ratio

MGY has a payout ratio of 24.8% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 49.2%, Magnolia Oil & Gas's payout ratio is 50% lower.

Total amount of dividends paid per financial year (from cash flow)

MGY dividend vs peer dividends

How does MGY dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PR Permian Resources Corp 4.08% $0.56 38.9%
MGY Magnolia Oil & Gas Corp 1.95% $0.51 24.8%

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 Aug 9, 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 $0.51 per share in the last year.

What is Magnolia Oil & Gas's dividend yield?

Magnolia Oil & Gas's current dividend yield is 1.89%.

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 24.8%.

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.