Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, cases, bypass ducts, engine shafts, engine processes, engine materials, metallic honeycomb, filament winding, compressor components, turbine components, and afterburner components, as well as small and large wing components, landing gear, horizontal and vertical stabilizers, and nacelle exhaust systems. The company also provides crown modules, vane box and transition ducts, wing spars, wing ribs, wing skins, access covers, and kitting solutions; black brant, rato booster motors, as well as rocket weapon system comprises of fixed wing variant, and rotary wing platforms. In addition, the company offers avionics, machined metal seals, rocket engine mount, and cast products, as well as newspace, and satellite support services. Further, the company provides 3D sand printing, metal pouring, solidification modeling, automated pouring and finishing, digital radiography, and 3D scanning products. Additionally, the company offers maintenance, repair, and overhaul for various engine and components, as well as lifecycle management services to logistics, fleet management, and engineering services. Furthermore, it provides wire strike protection system services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.
Magellan Aerospace Dividend Announcement
• Magellan Aerospace announced a quarterly dividend of $0.00 per ordinary share which will be made payable on . Ex dividend date: 2024-12-17
• Magellan Aerospace annual dividend for 2024 was $0.06
• Magellan Aerospace annual dividend for 2023 was $0.07
• Magellan Aerospace's trailing twelve-month (TTM) dividend yield is 0.89%
• Magellan Aerospace's payout ratio for the trailing twelve months (TTM) is 33.34%
• Magellan Aerospace's dividend growth over the last five years (2018-2023) was -17.80% year
• Magellan Aerospace's dividend growth over the last ten years (2013-2023) was 10.17% year
Magellan Aerospace Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-17 | $0.00 | quarterly | |
| 2024-09-16 | $0.02 | quarterly | 2024-09-27 |
| 2024-06-14 | $0.02 | quarterly | 2024-06-28 |
| 2024-03-14 | $0.02 | quarterly | |
| 2023-12-14 | $0.02 | quarterly | 2023-12-29 |
| 2023-09-14 | $0.02 | quarterly | 2023-09-29 |
| 2023-06-15 | $0.02 | quarterly | 2023-06-30 |
| 2023-03-16 | $0.02 | quarterly | 2023-03-31 |
| 2022-12-14 | $0.02 | quarterly | 2022-12-30 |
| 2022-09-14 | $0.04 | quarterly | 2022-09-29 |
| 2022-06-15 | $0.06 | quarterly | 2022-06-30 |
| 2022-03-28 | $0.08 | quarterly | 2022-03-31 |
| 2021-12-16 | $0.08 | quarterly | 2021-12-31 |
| 2021-09-15 | $0.08 | quarterly | 2021-09-29 |
| 2021-06-15 | $0.09 | quarterly | 2021-06-30 |
| 2021-03-18 | $0.09 | quarterly | 2021-03-31 |
| 2020-12-16 | $0.08 | quarterly | 2020-12-31 |
| 2020-09-15 | $0.08 | quarterly | 2020-09-30 |
| 2020-06-15 | $0.08 | quarterly | 2020-06-30 |
| 2020-03-19 | $0.07 | quarterly | 2020-03-31 |
| 2019-12-16 | $0.08 | quarterly | 2019-12-31 |
| 2019-09-13 | $0.08 | quarterly | 2019-09-30 |
| 2019-06-13 | $0.08 | quarterly | 2019-06-28 |
| 2019-03-21 | $0.07 | quarterly | 2019-03-29 |
| 2018-09-13 | $0.07 | quarterly | 2018-09-28 |
| 2018-06-14 | $0.07 | quarterly | 2018-06-29 |
| 2018-03-15 | $0.07 | quarterly | 2018-03-30 |
| 2017-12-14 | $0.07 | quarterly | 2017-12-29 |
| 2017-09-14 | $0.05 | quarterly | 2017-09-29 |
| 2017-06-07 | $0.05 | quarterly | 2017-06-30 |
| 2017-03-08 | $0.05 | quarterly | 2017-03-31 |
| 2016-12-07 | $0.05 | quarterly | |
| 2016-09-07 | $0.04 | quarterly | |
| 2016-06-08 | $0.04 | quarterly | |
| 2016-03-09 | $0.04 | quarterly | |
| 2015-12-08 | $0.04 | quarterly | |
| 2015-09-09 | $0.04 | quarterly | |
| 2015-06-10 | $0.04 | quarterly | |
| 2015-03-11 | $0.04 | quarterly | |
| 2014-12-10 | $0.05 | quarterly | |
| 2014-09-10 | $0.04 | quarterly | |
| 2014-06-11 | $0.04 | quarterly | |
| 2014-03-12 | $0.04 | quarterly | |
| 2013-12-10 | $0.03 | quarterly |
Magellan Aerospace Dividend per year
Magellan Aerospace Dividend growth
Magellan Aerospace Dividend Yield
Magellan Aerospace current trailing twelve-month (TTM) dividend yield is 0.89%. Interested in purchasing Magellan Aerospace stock? Use our calculator to estimate your expected dividend yield:
Magellan Aerospace Financial Ratios
P/E ratio34.72
PEG ratio0.19
P/B ratio0.79
ROE2.31%
Payout ratio33.34%
Current ratio2.44
Quick ratio1.38
Cash Ratio0.12
Magellan Aerospace Dividend FAQ
How much is the next Magellan Aerospace dividend?
Magellan Aerospace's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Magellan Aerospace dividend. The next Magellan Aerospace dividend will be released in March, June, September, or December.
When is Magellan Aerospace dividend paid?
Magellan Aerospace pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Magellan Aerospace pay?
The specific amount of Magellan Aerospace dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magellan Aerospace's dividend history.
Does Magellan Aerospace stock pay dividends?
Yes, Magellan Aerospace does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magellan Aerospace's dividend history.
How much dividend does Magellan Aerospace pay?
Magellan Aerospace paid $0.056 in 2024, $0.074 in 2023, $0.202 in 2022, $0.336 in 2021, and $0.312 in 2020.
How often does Magellan Aerospace pay dividends?
Magellan Aerospace typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Magellan Aerospace's dividend yield?
The current dividend yield for Magellan Aerospace is 0.89%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Magellan Aerospace's exact dividend yield.
When does Magellan Aerospace go ex dividend?
Magellan Aerospace's ex-dividend date for the latest dividend was on 2024-12-17. Magellan Aerospace typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Magellan Aerospace dividend paid?
Magellan Aerospace pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Magellan Aerospace increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Magellan Aerospace will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Magellan Aerospace dividend per share?
Magellan Aerospace paid $0.056 per share in 2024 and $0.074 per share in 2023. The amount of dividend per share that Magellan Aerospace pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Magellan Aerospace a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Magellan Aerospace a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Magellan Aerospace a dividend stock?
Yes, Magellan Aerospace is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Magellan Aerospace a good dividend stock?
Whether Magellan Aerospace is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Magellan Aerospace has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Magellan Aerospace as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Magellan Aerospace as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Magellan Aerospace pay dividends monthly?
Magellan Aerospace typically pays dividends on a quarterly basis.
Does Magellan Aerospace pay dividends quarterly?
Magellan Aerospace currently pays dividends on a quarterly basis.
Has Magellan Aerospace ever paid a dividend?
Yes, Magellan Aerospace has a history of paying dividends to its shareholders. Magellan Aerospace is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Magellan Aerospace dividend stocks?
To buy Magellan Aerospace you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Magellan Aerospace stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Magellan Aerospace stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Magellan Aerospace pay dividends 2024?
Magellan Aerospace pays dividends on a quarterly basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Magellan Aerospace increase its dividend in 2024?
Decisions regarding Magellan Aerospace dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Magellan Aerospace dividend overview you can look into the above table of dividend history.
How Magellan Aerospace dividend works?
The Magellan Aerospace dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Magellan Aerospace's dividend process works:
1. Determination of Dividend: Magellan Aerospace's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Magellan Aerospace publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Magellan Aerospace distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Magellan Aerospace are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Magellan Aerospace's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Magellan Aerospace publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Magellan Aerospace distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Magellan Aerospace are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Magellan Aerospace dividends paid?
Magellan Aerospace dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Magellan Aerospace sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Magellan Aerospace distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Magellan Aerospace declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Magellan Aerospace sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Magellan Aerospace distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Magellan Aerospace declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Magellan Aerospace pay dividends?
Magellan Aerospace typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Magellan Aerospace pay dividends?
The general pattern is that Magellan Aerospace pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Magellan Aerospace dividend safe?
The safety of Magellan Aerospace's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Magellan Aerospace's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Magellan Aerospace's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Magellan Aerospace's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Magellan Aerospace's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.