Business
Magnolia Oil & Gas Announces 10 Percent Dividend Increase
HOUSTON, January 29, 2026--Magnolia Oil & Gas Announces 10 Percent Dividend Increase
About this update from Magnolia Oil & Gas Corporation
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2651,"height":908,"url":"https://media.zenfs.com/en/business-wire.com/e62d670cc913810ba6bf8f721938ff37"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/x4BhroqKBLetuL3nV2EE.A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTMyOTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/e62d670cc913810ba6bf8f721938ff37","width":960,"height":329},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/EGQRQjfUT0cu6.xUFXlKQA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD04MjI7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/e62d670cc913810ba6bf8f721938ff37","width":1200,"height":411}},"lazy":false},{"type":"text","content":"HOUSTON, January 29, 2026--(BUSINESS WIRE)--Magnolia Oil & Gas Corporation (NYSE: MGY) announced today that its Board of Directors has declared a cash dividend of $0.165 per share of Class A common stock, and a cash distribution of $0.165 per Class B unit, payable on March 2, 2026, to shareholders of record as of February 10, 2026. Today’s announcement represents a 10 percent increase to Magnolia’s quarterly dividend rate and provides an annualized dividend of $0.66 per share. This is the fifth consecutive year that Magnolia has increased its dividend rate since initiating a dividend payment in 2021. Magnolia expects to declare its next quarterly dividend in May for payment in June.","length":695,"tagName":"p"},{"type":"text","content":""The 10 percent increase in our dividend reflects our ongoing confidence in Magnolia’s business model and the strong performance achieved in 2025, including growth in our production volumes of more than 10 percent and a 4 percent reduction in shares outstanding," said Chris Stavros, Chairman, President, and CEO of Magnolia. "Magnolia remains committed to its disciplined strategy of maintaining low leverage, prudent capital allocation, moderate annual production growth, high pre-tax margins, and consistent free cash flow generation. Consistent application of these fundamental principles and the solid execution we demonstrated over the past year has allowed us to increase our underlying dividend per share payout capacity, which is secure during a period of lower product prices. Delivering a safe, sustainable, and growing dividend is an important elem...