Magnolia Oil & Gas Corporation (MGY) Dividend
Magnolia Oil & Gas Corporation (MGY) currently pays a dividend yield of 2.85%, distributing $0.66 per share annually ($0.18 per quarter). The company operates in the Energy sector.
MGY has raised its dividend for 3 consecutive years.
MGY dividend at a glance
| Dividend Yield | 2.85% |
|---|---|
| Annual Dividend | $0.66 per share |
| Per Payment | $0.18 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 10, 2026 |
| Next Payment Date | December 2, 2026 |
| Payout Ratio | 28% |
| Consecutive Years of Dividend Growth | 3 |
| Sector | Energy |
| Implied Share Price (from yield) | $23.16 |
What MGY pays on a $10,000 investment
At a 2.85% yield, $10,000 invested in MGY generates about $285.00 per year, or roughly $71.25 every quarter. Share counts below use an implied price of $23.16, derived from the $0.66 annual dividend and the 2.85% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 43.2 | $28.50 | $7.13 |
| $5,000 | 215.9 | $142.50 | $35.63 |
| $10,000 | 431.8 | $285.00 | $71.25 |
| $25,000 | 1,079.5 | $712.50 | $178.13 |
| $100,000 | 4,318.2 | $2,850.00 | $712.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
MGY dividend payment schedule
MGY pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 10, 2026, with payment on December 2, 2026. Later rows are projected forward at the same interval and will shift when Magnolia Oil & Gas Corporation declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 10, 2026 | December 2, 2026 | $0.18 | Confirmed |
| February 10, 2027 | March 4, 2027 | $0.18 | Projected |
| May 10, 2027 | June 1, 2027 | $0.18 | Projected |
| August 10, 2027 | September 1, 2027 | $0.18 | Projected |
To collect a MGY dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How MGY's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. MGY's 2.85% is 0.72 percentage points below that median, ranking 572nd of 1000 by yield.
Within Energy, where we track 75 names, the median yield is 5.22% — putting MGY below its sector.
Its 3-year run of dividend increases ranks 349th out of the 553 names in our data with an active growth streak.
What the numbers mean
MGY pays out roughly 28% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, MGY distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
MGY dividend FAQ
When is the next MGY ex-dividend date?
The next MGY ex-dividend date is November 10, 2026, with the payment scheduled for December 2, 2026. You must own shares before the ex-dividend date to receive that payment.
What is MGY's dividend yield?
MGY currently yields 2.85%, based on $0.66 in dividends per share over the past year.
How often does MGY pay dividends?
MGY pays quarterly, which works out to 4 payments per year of about $0.18 per share.
How much dividend income would $10,000 of MGY generate?
At the current 2.85% yield, $10,000 invested in MGY would produce roughly $285.00 per year, or about $71.25 per quarter, before taxes and assuming the dividend holds.
Has MGY increased its dividend?
Yes — MGY has raised its dividend for 3 consecutive years.
MGY dividend history
DivTrkr holds 19 recorded MGY dividend payments going back to 2021, with 4 consecutive complete years of increases. See the full MGY dividend history — every payment, annual totals and growth by year.
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Track MGY dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.