Magontec Dividend History ASX MGL Dividends Yield and Payout Ratio



Magontec paid dividend of 0.6c per share on 31 Oct 2023. The ex-dividend date for this dividend was 28 Sep 2023. The dividend amount was paid at franking rate of 0%. Magontec is paying dividends since or before Oct 2022.

The dividend yield of MGL is 3.12%. The dividend yield is defined as amount of dividend paid divided by the share price.

The MGL dividend payout ratio is 240.00%. The dividend payout ratio is defined as dividend amount divided by earning per share (EPS). If the dividend payout ratio is more than 100% then it means the company is paying more in dividend than what it is currently earning. For a good dividend paying company the ideal payout ratio should be less than 70%.


Key Dividend Metrics

Dividend yield
3.12%
Dividend amount
$0.01
Payout ratio
240.00%
5Y Avg. yield
N/A

Related: Magontec Stock and Company Fundamentals

Magontec (ASX:MGL) Latest Dividend

Following is the latest dividend details announced to the eligible shareholders of Magontec (ASX:MGL). The dividend was paid to those shareholders who held the shares until the ex-dividend date.

Ex. Dividend Date Thursday, 28 Sep 2023
Dividend Payment Date Tuesday, 31 Oct 2023
Dividend Amount 0.6c
Franking Rate 0%
Dividend Type

Magontec Dividend History

Following table shows the history of dividend amount, ex-dividend date, payment date for Magontec.

Ex-Date Pay-Date Amount Franking rate Type
28 Sep 2023 31 Oct 2023 0.6c 0%
30 Mar 2023 28 Apr 2023 0.6c 0%
29 Sep 2022 31 Oct 2022 0.6c 0%

Magontec Dividend Frequently Asked Questions

1. What is the ex-dividend date of Magontec (MGL)?

The ex-dividend date for most recent dividend of Magontec was 28 Sep 2023.

2. What is the payment date for most recent dividend of Magontec (MGL)?

As per the latest dividend details, the dividend payment date was 31 Oct 2023.

3. What is the dividend yield of Magontec (MGL)?

The trailing twelve months dividend yield of Magontec is 3.12%.

4. How often does the Magontec (MGL) pays Dividends?

In 2023, Magontec paid dividends in Invalid date and Invalid date making its dividend payment frequency 2 times in a year.

5. What is the dividend payout ratio of Magontec (MGL)?

The latest dividend payout ratio of Magontec (MGL) was 240.00%.

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