Magna International Inc T.MG

Alternate Symbol(s): MGA

Consumer Cyclical Auto Parts

Magna International Inc. is a Canada-based mobility technology company. The Company is a global automotive supplier that has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. It also has electronic and software capabilities across many of these areas. Its segments include Body Exteriors & Structures; Power & Vision; Seating Systems, and Complete Vehicles. Its products include Battery Enclosures, Body-in-White Solutions, Chassis Systems, ADAS and automated driving, control modules, active aerodynamics, exterior systems and modules, lighting, mechatronics, mirrors, electrified powertrain products, Complete Vehicle Engineering and others. Its global network includes approximately 343 manufacturing operations and 105 product development, engineering and sales centers spanning 28 countries.

TSX:MG - Post by User

Magna International Inc

Bullboard Posts

Post by Baer1on Feb 25, 2015 8:07am

108 Views

Post# 23462081

Beats estimates and 2-1 split as dividend + cash div

It will be interesting to see what Mr. Market thinks of this. I don't know if we will see a spike up or down. Long term, this is great. Post split, the shares will be more accessible to retail investors, but it looks like the dividend per share actually drops.

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