Magnolia Oil & Gas Corp (MGY)

• Magnolia Oil & Gas Corp (MGY) currently pays a dividend of $0.13 per share with annual dividend yield of 1.97% and price-to-earnings ratio of 9.6938.
• Magnolia Oil & Gas Corp (MGY) pays out a dividend four times per year. Quarterly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Magnolia Oil & Gas Corp (MGY) most recent ex-dividend date occurred on February 15, 2024 with dividend payment of $0.13 per share received on March 01, 2024. Shareholders eligible for this dividend payment owned MGY stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Magnolia Oil & Gas Corp Stock (MGY). In 2024, the first Magnolia Oil & Gas Corp’s dividend date was on February 15, 2024 with a dividend of $0.13 per share, representing a 13.04% increase from $0.115 per share on November 08, 2023. This rise in MGY’s dividend pay out can signal a positive financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.