search icon

      Market Snapshot

      blog search icon

      MGY Dividend Yield, History, and Stock Split

      Magnolia Oil & Gas Corporation



      0.01 (0.04%)

      At Close: 4:00 PM


      1.95 (8.74%)

      Pre Market: 4:03 AM


      Frequently Asked Questions


      Is Magnolia Oil & Gas Corporation (MGY) a dividend paying company?

      In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Magnolia Oil & Gas Corporation is also among the companies that regularly pay dividends.


      What is MGY's dividend yield?

      Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MGY's annual dividend yield for the trailing 12 months is 1.96%.


      When did MGY last pay a dividend?

      MGY last paid dividends on Aug. 31, 2023, with the ex-dividend date being Aug. 8, 2023.


      When was the last time MGY stock split?

      MGY stock split took place on N/A.


      How did MGY's stock split work?

      Its last split took place on N/A, when Magnolia Oil & Gas Corporation went through a N/A split leaving the shareholder with N/A share(s) who previously owned undefined MGY share(s).