Magna Announces First Quarter Results

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Go back to Magna Announces First Quarter Results

Magna Int'l (MGA) Declares $0.25 Quarterly Dividend; 2.5% Yield

May 5, 2016 9:00 AM EDT

Magna Int'l (NYSE: MGA) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on June 10, 2016, to stockholders of record on May 27, 2016, with an ex-dividend date of May 25, 2016.

The annual yield on the dividend is 2.5... More

Magna Int'l (MGA) Tops Q1 EPS by 3c; Updates FY16 Outlook

May 5, 2016 8:59 AM EDT

Magna Int'l (NYSE: MGA) reported Q1 EPS of $1.22, $0.03 better than the analyst estimate of $1.19. Revenue for the quarter came in at $8.9 billion versus the consensus estimate of $8.64 billion.

GUIDANCE:

Magna Int'l sees FY2016 revenue of $35.5-37.2 billion, versus the consensus... More