Magna International Inc. (MG) Director Donald James Walker Sells 88,900 Shares
Magna International Inc. (TSE:MG) (NYSE:MGA) Director Donald James Walker sold 88,900 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of C$67.50, for a total value of C$6,000,750.00.
Donald James Walker also recently made the following trade(s):
- On Monday, November 13th, Donald James Walker sold 200,000 shares of Magna International stock. The stock was sold at an average price of C$67.37, for a total value of C$13,474,000.00.
Shares of Magna International Inc. (TSE:MG) traded up C$0.35 during trading on Friday, reaching C$68.40. The company’s stock had a trading volume of 761,600 shares, compared to its average volume of 922,203. Magna International Inc. has a 52-week low of C$52.63 and a 52-week high of C$71.22.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 8th. Stockholders of record on Friday, November 24th will be paid a $0.354 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This is an increase from Magna International’s previous quarterly dividend of $0.28. This represents a $1.42 annualized dividend and a dividend yield of 2.07%. Magna International’s dividend payout ratio (DPR) is currently 15.03%.
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Magna International Company Profile
Magna International Inc designs, develops, and manufactures automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards.
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