Magnolia Oil & Gas (MGY) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.66
- Forward yield
- 2.68%
- Payout ratio
- 28.9%
- Growth streak
- 2 years
Magnolia Oil & Gas pays a quarterly dividend of $0.18 per share. Its most recent payment had an ex-date of August 10, 2026 and was paid on September 1, 2026. Over the trailing twelve months, it paid $0.66 per share, a yield of about 2.74% at a share price of $24.07.
The early record was uneven: the table shows $0.08 in August 2021, $0.20 in February 2022 and $0.10 in August 2022. Quarterly payments began in November 2022. Since then, the rate has risen with the February payment each year: to $0.12 in 2023, $0.13 in 2024, $0.15 in 2025 and $0.17 in 2026. The August 2026 payment added another cent, to $0.18. Since February 2023, the rate has grown 50%. Payments by calendar year rose from $0.48 in 2023 to $0.52 in 2024 and $0.60 in 2025. The source gives a growth streak of two years.
Ex-dates fall around the second week of February, May, August and November, with payment early the next month. If the pattern holds, the next payment would go ex-dividend around November 10, 2026 and be paid around December 1. Most past raises have come with the February payment.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 29, 2026 | Aug 10, 2026 | Sep 1, 2026 | $0.18 |
| May 1, 2026 | May 12, 2026 | Jun 1, 2026 | $0.17 |
| Jan 29, 2026 | Feb 10, 2026 | Mar 2, 2026 | $0.17 |
| Oct 28, 2025 | Nov 10, 2025 | Dec 1, 2025 | $0.15 |
| Jul 29, 2025 | Aug 11, 2025 | Sep 2, 2025 | $0.15 |
| Apr 29, 2025 | May 12, 2025 | Jun 2, 2025 | $0.15 |
| Feb 3, 2025 | Feb 14, 2025 | Mar 3, 2025 | $0.15 |
| Oct 28, 2024 | Nov 8, 2024 | Dec 2, 2024 | $0.13 |
| Jul 29, 2024 | Aug 9, 2024 | Sep 3, 2024 | $0.13 |
| May 2, 2024 | May 10, 2024 | Jun 3, 2024 | $0.13 |
| Feb 5, 2024 | Feb 15, 2024 | Mar 1, 2024 | $0.13 |
| Oct 30, 2023 | Nov 8, 2023 | Dec 1, 2023 | $0.12 |
| Jul 31, 2023 | Aug 9, 2023 | Sep 1, 2023 | $0.12 |
| May 1, 2023 | May 10, 2023 | Jun 1, 2023 | $0.12 |
| Jan 31, 2023 | Feb 9, 2023 | Mar 1, 2023 | $0.12 |
| Oct 27, 2022 | Nov 4, 2022 | Dec 1, 2022 | $0.10 |
| Aug 2, 2022 | Aug 11, 2022 | Sep 1, 2022 | $0.10 |
| Feb 3, 2022 | Feb 11, 2022 | Mar 1, 2022 | $0.20 |
| Aug 2, 2021 | Aug 11, 2021 | Sep 1, 2021 | $0.08 |
Frequently asked questions
Does Magnolia Oil & Gas (MGY) pay a dividend?
Yes. Magnolia Oil & Gas pays a quarterly dividend; the most recent payment was $0.18 per share.
What is MGY's dividend yield?
Magnolia Oil & Gas paid $0.66 per share over the trailing twelve months, a yield of 2.68% at the last price of $24.65. Click here to learn more
When is MGY's most recent ex-dividend date?
Magnolia Oil & Gas's most recent ex-dividend date is Aug 10, 2026, payable on Sep 1, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MGY been raising its dividend?
Yes — Magnolia Oil & Gas has increased its dividend for 2 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.