Is Magnolia Oil & Gas Corporation a good dividend stock?

Magnolia Oil & Gas Corporation (MGY) is a dividend-paying stock with a current dividend yield of 2.51%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is MGY's dividend yield?

The dividend yield for MGY stock is currently 2.51%.

How much does MGY pay in dividends per year?

Magnolia Oil & Gas Corporation pays an annual dividend of $0.6300 per share over the trailing twelve months.

How often does MGY pay dividends?

MGY stock pays dividends quarterly.

Is MGY's dividend growing?

Magnolia Oil & Gas Corporation's 3-year dividend CAGR is 13.58%.

MGY Stock Price, Chart, Stats & News

Magnolia Oil & Gas Corporation

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Overview Dividend safety Dividends Fundamentals

Magnolia Oil & Gas Corporation (MGY) is a dividend-paying stock with a current dividend yield of 2.51% as of Jul 21, 2026. It pays $0.6300 per share over the trailing twelve months and distributes quarterly.

4.64B

Market cap

14.34x

Current P/E

9.45x

Forward P/E

2.51%

Dividend yield

$0.6300

MGY dividend

Dividend safety

Strong

Dividend coverage looks healthy — MGY pays out about 36% of earnings.

See the safety analysis

MGY chart

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Fundamentals

Gross margin	47.30%
Operating margin	33.48%
Pretax margin	31.82%
Net margin	24.79%
Effective tax rate	19.20%
ROA	11.20%
ROE	16.76%
D/E	0.22x
Interest coverage ratio	20.32x

All financials

MGY valuation

P/E	14.34x
P/S	4.46x
P/B	3.04x
P/CF	6.72x
P/FCF	14.89x
P/OCF	6.72x
PEG	-5.45x
EV multiple	6.49x

About

Energy

Sector

Oil & Gas Exploration & Production

Industry

Magnolia Oil & Gas Corporation is an energy company engaged in the full lifecycle of hydrocarbon resource management: acquisition, development, exploration, and production of crude oil, natural gas, and natural gas liquids (NGLs) within the United States. Its operational focus is primarily situated in South Texas, specifically within Karnes County and the Giddings Field, where its assets primarily tap into the rich Eagle Ford Shale and Austin Chalk geological formations. According to its December 31, 2021, filing, the company's holdings comprised a substantial leasehold of 471,263 net acres.