Does Magnolia Oil & Gas (MGY) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Magnolia Oil & Gas (MGY) pays a dividend with an approximate yield of ~2.6% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Magnolia Oil & Gas (MGY) pay a dividend?
Yes. Magnolia Oil & Gas distributes an approximate ~2.6% yield (early 2026), usually quarterly. Magnolia trades around a mid-teens trailing earnings multiple with a lower forward multiple reflecting analyst expectations, a premium many attribute to its low leverage and consistent free cash flow. First quarter 2026 revenue of about $358 million and net income near $100 million came alongside production growth of roughly 6% year over year. Valuation and profitability move with commodity prices, so multiples can shift quickly with the oil and gas cycle.
MGY dividend at a glance
| 2026-05-12 | $0.165 |
| 2026-02-10 | $0.165 |
| 2025-11-10 | $0.15 |
| 2025-08-11 | $0.15 |
| 2025-05-12 | $0.15 |
| 2025-02-14 | $0.15 |
MGY dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MGY's investor relations page before relying on it.
How to think about MGY's dividend
- Yield is a snapshot: ~2.6% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like MGY.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the MGY dividend
Magnolia Oil & Gas (MGY) pays an approximate ~2.6% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the MGY guide. Walnut can show how MGY fits your real portfolio. It is not an investment adviser.
Build a basket around MGY with Walnut
Use Magnolia Oil & Gas as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Magnolia Oil & Gas (MGY) pay a dividend?
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Magnolia Oil & Gas has an approximate dividend yield of ~2.6% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or MGY's investor relations page.
What is MGY's dividend yield?
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Approximately ~2.6% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does MGY pay its dividend?
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US companies that pay dividends, like Magnolia Oil & Gas if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on MGY's investor relations page before relying on the timing.
Can I reinvest MGY dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any MGY dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is MGY a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~2.6% yield, MGY is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does MGY pay a dividend?
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Yes. Magnolia pays a quarterly cash dividend, which recently equated to a yield of roughly 2.6%, and it has generally increased the payout over time while also repurchasing shares.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with MGY's investor relations page or your broker.