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%.
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.
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%.
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% |
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.
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% |
Yes, Magnolia Oil & Gas has paid four dividends in the last 12 months. MGY has been paying dividends since 2021.
Magnolia Oil & Gas's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $0.13 per share.
MGY has paid dividend of $0.51 per share in the last year.
Magnolia Oil & Gas's current dividend yield is 1.89%.
Magnolia Oil & Gas has a quarterly dividend frequency.
Magnolia Oil & Gas's dividend payout ratio is 24.8%.
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.