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 Magna International stock in a transaction that occurred on Thursday, November 16th. The shares were 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 shares were 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 hours on Friday, hitting C$68.40. The company had a trading volume of 761,562 shares, compared to its average volume of 922,203. Magna International Inc. has a one year low of C$52.63 and a one year high of C$71.22.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 8th. Shareholders of record on Friday, November 24th will be given a $0.354 dividend. The ex-dividend date is Wednesday, November 22nd. This represents a $1.42 annualized dividend and a yield of 2.07%. This is a boost from Magna International’s previous quarterly dividend of $0.28. Magna International’s payout ratio is currently 15.03%.
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About Magna International
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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