What is the total return of MGY over the past year?
Magnolia Oil & Gas Corporation (MGY) delivered a total return of -13.16% over the past year when dividends are reinvested. The price-only return was -15.39%, meaning dividends contributed an additional 2.23 percentage points to total returns.
How much would $10,000 invested in MGY be worth today?
A $10,000 investment in Magnolia Oil & Gas Corporation one year ago would be worth $8,684 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $8,461. Dividend reinvestment added $223 to the portfolio value.
Does MGY pay dividends?
Yes, Magnolia Oil & Gas Corporation (MGY) pays dividends. Over the past year, MGY paid 4 dividends totaling $0.6000 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.