Magnera (MAGN) Dividend Coverage Ratio (2010 - 2022)
Magnera's (MAGN) quarterly Dividend Coverage Ratio came in at 7.9 in Q3 2022, down 753.91% year-over-year from 1.21 in Q3 2021, and down 2309.39% quarter-over-quarter from 0.33 in Q2 2022.
Analysis
Magnera (MAGN) Dividend Coverage Ratio (2010 - 2022) Analysis & Trends
Magnera (MAGN) has reported Dividend Coverage Ratio for 13 consecutive years, with 7.9 the latest figure, recorded in Q3 2022.
- On a quarterly basis, Dividend Coverage Ratio fell 753.91% year-over-year to 7.9 in Q3 2022; TTM through Jun 2023 was 21.43, a 372.53% decrease from a year earlier, with the FY2022 full-year figure at 10.35, down 3748.75% from the prior year.
- Dividend Coverage Ratio was 7.9 for Q3 2022 at Magnera, down from 0.33 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 2.13 in Q3 2019 and troughed at 20.25 in Q3 2018.
- A 5-year average of 2.74 and a median of 0.23 in 2021 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio jumped 155.31% in 2021 and sank 1338.54% in 2022, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 5.32 in 2018, then tumbled by 47.04% to 7.82 in 2019, then soared by 120.95% to 1.64 in 2020, then plunged by 201.81% to 1.67 in 2021, then slumped by 373.61% to 7.9 in 2022.
- The last three Dividend Coverage Ratio figures came in at 7.9 (Q3 2022), 0.33 (Q2 2022), and 17.37 (Q1 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.20 Bn | 142.70 Bn | 1.63 Bn | 2.43 |
| 2 | Ati | 28.61 Bn | 27.83 Bn | 309.80 Mn | - |
| 3 | Qnity Electronics | 26.14 Bn | 25.18 Bn | 666.00 Mn | 3.65 |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 0.63 |
| 5 | DuPont de Nemours | 17.53 Bn | 15.79 Bn | 639.00 Mn | 1.81 |
| 6 | Avery Dennison | 12.92 Bn | 12.70 Bn | 729.40 Mn | 2.68 |
| 7 | Solstice Advanced Materials | 10.06 Bn | 9.31 Bn | 370.00 Mn | 11.17 |
| 8 | Element Solutions | 8.79 Bn | 8.60 Bn | 334.00 Mn | 3.87 |
| 9 | Eastman Chemical | 7.83 Bn | 7.14 Bn | 560.00 Mn | 2.49 |
| 10 | Magnera | 409.26 Mn | 129.26 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | -7.90 |
| Jun 30, 2022 | -0.33 |
| Mar 31, 2022 | -17.37 |
| Dec 31, 2021 | -1.67 |
| Sep 30, 2021 | 1.21 |
| Jun 30, 2021 | 0.23 |
| Mar 31, 2021 | 1.40 |
| Dec 31, 2020 | 1.64 |
| Sep 30, 2020 | 1.09 |
| Jun 30, 2020 | -0.42 |
| Mar 31, 2020 | 1.29 |
| Dec 31, 2019 | -7.82 |
| Sep 30, 2019 | 2.13 |
| Jun 30, 2019 | 1.01 |
| Mar 31, 2019 | 0.93 |
| Dec 31, 2018 | -5.32 |
| Sep 30, 2018 | -20.25 |
| Jun 30, 2018 | -3.03 |
| Mar 31, 2018 | 1.18 |
| Dec 31, 2017 | 9.08 |