Magontec

Magontec Dividend Coverage

The Dividend Coverage Ratio of Magontec (MGL.AX) as of Oct 11, 2026 is -19.97. In the previous year, Dividend Coverage Ratio was 0.49 — a change of -4,138.46% (lower).

Dividend Coverage

-19.97

YoY

-4,138.46%

Last updated:

Dividend Coverage Ratio of Magontec is 2024 -19.97 . Dividend Coverage Ratio of Magontec was 2023 0.49 . It decreases by -4,138.46% lower compared to the previous year.

The Magontec Dividend Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Dividend Coverage
Date
Dividend Coverage
Jan 1, 2022
31.70 AUD
Jan 1, 2023
0.49 AUD
Jan 1, 2024
-19.97 AUD
The Magontec Dividend Coverage history
YEARDividend CoverageYoY
-19.97-4,138.46%
0.49-98.44%
31.70—
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Magontec Stock analysis

What does Magontec do? Magontec Ltd specializes in the production and distribution of magnesium-based materials. The company was founded in 2004 in Australia and operates worldwide, with offices in Europe, Asia, and the US. Magontec's main activities include the production of magnesium alloys, magnesium oxide, and magnesium salts. These materials are used in various industries such as automotive, aerospace, electronics, construction, and ceramics. The company also provides equipment for electrolysis processes used in metallurgy, chemistry, and recycling. In addition, Magontec is a major supplier to the refractory industry, producing fire-resistant materials for durable and heat-resistant machine parts. Furthermore, Magontec specializes in manufacturing alloys for the solar energy industry and collaborates with research institutions to develop innovative solutions for its customers. In summary, Magontec Ltd is a leading provider of magnesium-based materials for various industries. The company has extensive experience in producing alloys for automotive, aerospace, and electronics industries, as well as being a significant supplier to the refractory and solar energy sectors. With a strong research and development team, Magontec is well-positioned to offer innovative solutions and technologies to its customers. Magontec is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Magontec stock

Dividend Coverage Ratio of Magontec is -19.97 in 2024.

Dividend Coverage Ratio of Magontec changed from 0.49 to -19.97, representing a -4,138.46% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Dividend Coverage Ratio Magontec since 2006 – with annual values, charts, and detailed analysis.

The dividend coverage ratio measures how many times dividends can be covered by net income. Higher coverage suggests more sustainable dividend payments.

Dividend Coverage Ratio's is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Dividend Coverage Ratio's Magontec historically and in real time.

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Dividend — Magontec

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