Magnolia Oil & Gas's last dividend of $0.15 per share was on Feb 14, 2025 (ex-date). The annualized dividend payment of $0.54 per share represents a current dividend yield of 2.32%. The latest MGY payout of $0.15 marks a dividend growth of 15%.
MGY has a dividend yield of 2.32% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 4.43%, Magnolia Oil & Gas's dividend yield is 48% 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 14% since one year ago. And with the stock price up by 7% from a year ago, the dividend yield has grown by 7%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Feb 14, 2025 | $0.15 | 2.3% |
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% |
MGY has a payout ratio of 27.8% which is lower than the Energy sector and the industry average. In comparison with the Energy sector average of 57.7%, Magnolia Oil & Gas's payout ratio is 52% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PR Permian Resources Corp | 4.83% | $0.66 | 35.5% |
MGY Magnolia Oil & Gas Corp | 2.32% | $0.54 | 27.8% |
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 Feb 14, 2025 (ex-date) with the amount of $0.15 per share.
MGY has paid dividend of $0.54 per share in the last year.
Magnolia Oil & Gas's current dividend yield is 2.32%.
Magnolia Oil & Gas has a quarterly dividend frequency.
Magnolia Oil & Gas's dividend payout ratio is 27.8%.
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.