Magnolia Oil & Gas Corporation
MGYEnergy · Stock · quarterly payer
Forward Yield
2.31%
Annual Dividend
$0.63
Payout Ratio
36%
5-Yr Growth
—
Ex-Date
May 12, 2026
Frequency
Quarterly
Summary
As of July 2026, Magnolia Oil & Gas Corporation (MGY) yields 2.31% ($0.63 per share annually), with a blended fair-value estimate of $39.60 — +45% upside, so it screens as undervalued. Dividend safety grade: B (76/100). 4 years of dividend growth.
Is MGY a good dividend stock?
YesMagnolia Oil & Gas Corporation (MGY) pays a quarterly dividend yielding 2.31% ($0.63/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (36%)
- 74% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.31%
- Payout Ratio
- 36%
- Annual Dividend
- $0.63
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 12, 2026
- Years of Growth
- 4
- Frequency
- quarterly
- Beta
- 0.70
- Market Cap
- $4.9B
- P/E Ratio
- 15.8
- 5-Yr Total Return
- 74%
- 52-Week Range
- $21.07 – $32.76
- Dividend Safety
- B · 76/100
- Ever Cut?
- No
Frequently Asked Questions
MGY Price — Last 12 Months
Daily close
Price Return
1 Year
+10%
3 Years
+20%
5 Years
+74%
52-Week Range
$21.07 – $32.76
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MGY worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Magnolia Oil & Gas Corporation is $39.60 per share, versus a market price of $27.26. That implies 45% of upside — a margin of safety of about 31%.
Fair Value
$39.60
Current Price
$27.26
Upside
+45%
Margin of Safety
31%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 8.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 8.2% stage-1 growth, 2.5% terminal growth, $1.73 EPS, $0.63 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MGY Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 12, 2026 | — | $0.1650 | regular |
| Feb 10, 2026 | — | $0.1650 | regular |
| Nov 10, 2025 | — | $0.1500 | regular |
| Aug 11, 2025 | — | $0.1500 | regular |
| May 12, 2025 | — | $0.1500 | regular |
| Feb 14, 2025 | — | $0.1500 | regular |
| Nov 8, 2024 | — | $0.1300 | regular |
| Aug 9, 2024 | — | $0.1300 | regular |
| May 10, 2024 | — | $0.1300 | regular |
| Feb 15, 2024 | — | $0.1300 | regular |
| Nov 8, 2023 | — | $0.1150 | regular |
| Aug 9, 2023 | — | $0.1150 | regular |
| May 10, 2023 | — | $0.1150 | regular |
| Feb 9, 2023 | — | $0.1150 | regular |
Income Calculator
At $0.63 / yr per share
