Not a Market Favorite at the Moment, But You Shouldn’t Ignore It
Wall Street analysts like to talk about stocks that are soaring, which is why Magna International Inc. (NYSE:MGA) hasn’t gotten much attention lately.
As an automotive parts supplier.
Magna Stock Taking a Tumble
Large-cap dividend growth stocks are not known for making big moves. But on August 8, shares of automotive supplier Magna International Inc. (NYSE:MGA) plunged seven percent as soon as the market opened.
Let’s take a.
Magna International Inc.: A Top Dividend Stock You Likely Haven’t Considered
Most people have never heard of Magna International Inc. (NYSE:MGA), but the company offers one of the fastest-growing income streams in the current stock market.
Headquartered in Aurora, Ontario,.
Returning Cash to Investors…
Magna International Inc. (NYSE:MGA) may not be as well known as the other players in the automotive industry, but the company runs a rock-solid business and has been growing its payout at an impressive pace.
MGA Stock Provides Solid Dividend Growth Potential
In today’s market, automotive companies don’t get much attention from dividend growth investors. Due to what happened during the last financial crisis, auto stocks aren’t really the first ones to come to mind.
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