MGIC Investment Corporation Stock Dividends
MTG pays dividends quarterly. Last paid amount was $0 at Feb 14, 2024. As of today, dividend yield (TTM) is 1.94%.
Dividend Yield Range
AI Analysis of MTG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.94% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | -100.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0 |
| Next Ex-Dividend Date | May 08, 2024 |
| Next Payment Date | May 21, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from MTG the purchase should be done within the next 7 days.
Here's a simple guide on how to buy MTG stock.
MTG Dividend Payout History
To ensure a understanding of MTG'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 | |
|---|---|---|---|---|---|
| 1 | Apr 25, 2024 | May 08, 2024 | May 21, 2024 | $0.115 | 0.559% |
| 2 | Feb 14, 2024 | Feb 14, 2024 | Feb 14, 2024 | $0 | 0% |
| 3 | Oct 26, 2023 | Nov 08, 2023 | Nov 28, 2023 | $0.120 | 0.689% |
| 4 | Jul 27, 2023 | Aug 09, 2023 | Aug 24, 2023 | $0.115 | 0.670% |
| 5 | Apr 27, 2023 | May 10, 2023 | Aug 24, 2023 | $0.100 | 0.582% |
| 6 | Jan 24, 2023 | Feb 16, 2023 | Mar 02, 2023 | $0.100 | 0.727% |
| 7 | Oct 27, 2022 | Nov 09, 2022 | Nov 23, 2022 | $0.100 | 0.739% |
| 8 | Jul 29, 2022 | Aug 10, 2022 | Aug 25, 2022 | $0.100 | 0.669% |
| 9 | Apr 28, 2022 | May 11, 2022 | May 26, 2022 | $0.0800 | 0.585% |
| 10 | Jan 25, 2022 | Feb 15, 2022 | Mar 02, 2022 | $0.0800 | 0.526% |
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
MTG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from MTG 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 MTG stock here.
Comparing MTG to Sector and Country
MTG pays a solid dividend yield of 1.94%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). MTG’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
MTG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| MGIC Investment Corporation | 5.544B | - | 1.94% | 17.25% |
