Magic Software Enterprises Ltd. Stock Dividends
MGIC used to pay dividends biannually. Last paid amount was $0.327 at Sep 13, 2023. As of today, dividend yield (TTM) is 2.88%.
Dividend Yield Range
AI Analysis of MGIC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.88% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.327 |
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Magic Software Enterprises Ltd. has not yet announced its next dividend date. Last payment date was: Sep 13, 2023.
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MGIC Dividend Payout History
To ensure a understanding of MGIC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 11 | Aug 08, 2018 | Aug 21, 2018 | Sep 05, 2018 | $0.155 | 1.73% |
| 12 | Feb 28, 2018 | Mar 12, 2018 | Mar 26, 2018 | $0.130 | 1.60% |
| 13 | Aug 14, 2017 | Aug 25, 2017 | Sep 13, 2017 | $0.130 | 1.55% |
| 14 | Feb 22, 2017 | Mar 16, 2017 | Apr 05, 2017 | $0.0850 | 1.10% |
| 15 | Aug 15, 2016 | Sep 06, 2016 | Sep 22, 2016 | $0.0850 | 1.13% |
| 16 | Feb 21, 2016 | Feb 29, 2016 | Mar 17, 2016 | $0.0900 | 1.30% |
| 17 | Aug 12, 2015 | Aug 21, 2015 | Sep 10, 2015 | $0.0950 | 1.67% |
| 18 | Feb 05, 2015 | Feb 19, 2015 | Mar 11, 2015 | $0.0810 | 1.25% |
| 19 | Aug 12, 2014 | Aug 15, 2014 | Sep 04, 2014 | $0.0950 | 1.24% |
| 20 | Feb 20, 2014 | Feb 25, 2014 | Mar 14, 2014 | $0.120 | 1.49% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
MGIC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MGIC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in MGIC stock here.
Comparing MGIC to Sector and Country
MGIC pays a solid dividend yield of 2.88%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.322%). MGIC’s dividend yield is lower than the average of the top 25% of dividend payers in the Technology sector in the US market (7.44%), which means that there are more attractive dividend stocks to consider.
MGIC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Magic Software Enterprises Ltd. | 574.953M | $0.327 | 2.88% | 43.66% | |
| Tucows Inc. | 206.64M | $0.268 | 0% | - |
