Table of Contents

company-logo

MG International S.A. engages in the production and sale of public or private swimming pool equipment. It offers immersion detectors, swimming pool alarm system, automatic covers, alarms, and water treatment solutions, as well as computer-assisted surveillance system to prevent drowning in public swimming pools under the Aquasensor, Senso Espio, Poseidon, Aqua life, Oxineo, Sysneo, and Aqualarm brands. The company was incorporated in 2009 and is headquartered in La Ciotat, France. MG International S.A. is a subsidiary of Maytronics Ltd.

MG International Dividend Announcement

• MG International announced a annually dividend of €0.34 per ordinary share which will be made payable on 2024-08-12. Ex dividend date: 2024-08-08
• MG International annual dividend for 2024 was €0.34
• MG International annual dividend for 2023 was €0.34
• MG International's trailing twelve-month (TTM) dividend yield is 7.8%
• MG International's payout ratio for the trailing twelve months (TTM) is 63.18%

MG International Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-08€0.34annually2024-08-12
2023-09-21€0.34annually2023-09-25
2006-01-31€0.35annually2006-01-31

MG International Dividend per year

MG International Dividend Yield

MG International current trailing twelve-month (TTM) dividend yield is 7.8%. Interested in purchasing MG International stock? Use our calculator to estimate your expected dividend yield:

MG International Financial Ratios

P/E ratio8.10
PEG ratio0.08
P/B ratio0.66
ROE8.27%
Payout ratio63.18%
Current ratio2.35
Quick ratio1.38
Cash Ratio0.32

MG International Dividend FAQ

Does MG International stock pay dividends?
MG International does not currently pay dividends to its shareholders.
Has MG International ever paid a dividend?
No, MG International has no a history of paying dividends to its shareholders. MG International is not known for its dividend payments.
Why doesn't MG International pay dividends?
There are several potential reasons why MG International would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will MG International ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While MG International has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is MG International a dividend aristocrat?
MG International is not considered a Dividend Aristocrat. 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 MG International a dividend king?
MG International is not classified as a "Dividend King". 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 MG International a dividend stock?
No, MG International is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy MG International stocks?
To buy MG International 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy MG International 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.