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Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.

Magnora Dividend Announcement

Magnora announced a quarterly dividend of kr0.19 per ordinary share which will be made payable on 2024-10-23. Ex dividend date: 2024-10-18
Magnora annual dividend for 2024 was kr4.56
Magnora annual dividend for 2023 was kr0.37
Magnora's trailing twelve-month (TTM) dividend yield is 39.27%
Magnora's payout ratio for the trailing twelve months (TTM) is 107.84%

Magnora Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-18kr0.19quarterly2024-10-23
2024-08-13kr4.19quarterly2024-08-16
2024-03-01kr0.19quarterly
2023-10-26kr0.19quarterly2023-11-02
2023-08-17kr0.19quarterly2023-08-23
2020-07-20kr0.08quarterly2020-07-24
2020-03-10kr0.25quarterly2020-03-16
2019-07-04kr1.00quarterly2019-07-11
2018-10-23kr6.00quarterly2018-11-13
2014-05-26kr1.20quarterly2014-06-04

Magnora Dividend per year

Magnora Dividend growth

Magnora Dividend Yield

Magnora current trailing twelve-month (TTM) dividend yield is 39.27%. Interested in purchasing Magnora stock? Use our calculator to estimate your expected dividend yield:

Magnora Financial Ratios

P/E ratio5.17
PEG ratio6.44
P/B ratio3.23
ROE56.70%
Payout ratio107.84%
Current ratio2.36
Quick ratio2.36
Cash Ratio2.15

Magnora Dividend FAQ

How much is the next Magnora dividend?
Magnora's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Magnora dividend. The next Magnora dividend will be released in August, or October.
When is Magnora dividend paid?
Magnora pays dividends on a quarterly basis. The specific dates may vary each year but are generally around August, and October. 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 Magnora pay?
The specific amount of Magnora 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 Magnora's dividend history.
Does Magnora stock pay dividends?
Yes, Magnora 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 Magnora's dividend history.
How much dividend does Magnora pay?
Magnora paid kr4.561 in 2024, kr0.374 in 2023, kr0.0 in 2022, kr0.0 in 2021, and kr0.33 in 2020.
How often does Magnora pay dividends?
Magnora 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 August, and October.
What is Magnora's dividend yield?
The current dividend yield for Magnora is 39.27%. 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 Magnora's exact dividend yield.
When does Magnora go ex dividend?
Magnora's ex-dividend date for the latest dividend was on 2024-10-18. Magnora 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 Magnora dividend paid?
Magnora pays dividends on a quarterly basis, typically around August, or October, but the exact dates can vary each year.
Will Magnora 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 Magnora 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 Magnora dividend per share?
Magnora paid kr4.561 per share in 2024 and kr0.374 per share in 2023. The amount of dividend per share that Magnora 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 Magnora 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 Magnora 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 Magnora a dividend stock?
Yes, Magnora is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Magnora a good dividend stock?
Whether Magnora is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Magnora has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Magnora 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 Magnora pay dividends monthly?
Magnora typically pays dividends on a quarterly basis.
Does Magnora pay dividends quarterly?
Magnora currently pays dividends on a quarterly basis.
Has Magnora ever paid a dividend?
Yes, Magnora has a history of paying dividends to its shareholders. Magnora is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Magnora dividend stocks?
To buy Magnora 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 Magnora 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 Magnora pay dividends 2024?
Magnora pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-23. 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 Magnora increase its dividend in 2024?
Decisions regarding Magnora 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 Magnora dividend overview you can look into the above table of dividend history.
How Magnora dividend works?
The Magnora 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 Magnora's dividend process works:

1. Determination of Dividend: Magnora'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, Magnora 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, Magnora 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 Magnora 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 Magnora dividends paid?
Magnora dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Magnora 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, Magnora distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Magnora 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 Magnora pay dividends?
Magnora 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 Magnora pay dividends?
The general pattern is that Magnora pays dividends around August, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Magnora dividend safe?
The safety of Magnora'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 Magnora'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 Magnora'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.