Magna International (MGA) Tops Q4 EPS by 8c, Revenues Beat; Offers FY20 Revenue Guidance

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Magna International (MGA) Raises Quarterly Dividend 9.6% to $0.40; 3% Yield

February 21, 2020 6:07 AM EST

Magna International (NYSE: MGA) declared a quarterly dividend of $0.40 per share, or $1.6 annualized. This is a 9.6% increase from the prior dividend of $0.365.

The dividend will be payable on March 20, 2020, to stockholders of record on March 6, 2020, with an ex-dividend date of March 5,... More