The No. 1 Crypto for 2024
We're entering the final crypto bull run, and 2024 will be your last chance to ever get rich from crypto. These five tiny cryptos are believed to create generational wealth over the next 12 months. $30 trillion is poised to funnel into the crypto markets thanks to a new government regulation just signed.
Financials
| Curr Year EPS Estimate | 7.56 |
| Next Quarter EPS Estimate | 1.57 |
| Profit Margin | 0.02 |
| Return on Assets | 0.03 |
| Return on Equity | 0.06 |
| Revenue | 32,647,000,064 |
| Earnings Per Share | 2.52 |
| Revenue Per Share | 108.93 |
| Gross Profit | 4,440,000,000 |
| Quarterly Revenue Growth | 0.13 |
General
| Name | Magna International Inc |
| Ticker | MGA |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Auto Parts |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 158,000 |
About Magna International Inc
Magna International Inc. designs, engineers, and manufactures components, systems, and modules for original equipment manufacturers of vehicles worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body systems and chassis systems; exterior systems, including fascia, front end modules, liftgate and door modules, and exterior design; and roof systems, such as sliding folding roofs, and retractable hard tops and soft tops. The Power & Vision segment offers dedicated hybrid, dual clutch, and manual transmissions; drive systems; clutch modules, gears, shafts and sprockets, planetary carriers and modules, steel clutch hubs, housings and shells, e-motor housings, precision CVT transmission components, aluminum oil pans and covers, aluminum clutch hubs, housings and shells, dissimilar metal joined products, heat assisted calibration stamped products, and engine drive plates and accessories; front camera modules, single and multi-cameras, ultrasonic sensors, icon radar, solid state LiDAR, and domain controller; control modules; latching system, door modules, power closures, hinges and wire forming, handles, interior and exterior mirrors, actuators, and overhead consoles; and forward, rear, and small lighting products. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle manufacturing and engineering services. Magna International Inc. was founded in 1957 and is based in Aurora, Canada.
Dividend
Magna International Inc pays out a dividend of $1.63 per share, with a dividend yield of 4.44%.
MGA's last dividend payment was made to shareholders on March 19, 2021.
They pay out 41.48% of their earnings out as a dividend.
Recent Dividends
| Mar 8, 2024 | $0.48 |
| Dec 1, 2023 | $0.63 |
| Sep 1, 2023 | $0.62 |
| Jun 2, 2023 | $0.46 |
| Mar 10, 2023 | $0.46 |
| Dec 2, 2022 | $0.45 |
| Aug 26, 2022 | $0.58 |
| May 27, 2022 | $0.45 |
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