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 1.90%.
Dividend Yield Range
AI Analysis of MTG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.90% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.115 |
| Next Ex-Dividend Date | May 08, 2024 |
| Next Payment Date | May 21, 2024 |
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 | |
|---|---|---|---|---|---|
| 81 | Aug 06, 1993 | Aug 06, 1993 | Sep 02, 1993 | $0.0175 | 0.108% |
| 82 | May 12, 1993 | May 12, 1993 | Jun 03, 1993 | $0.0175 | 0.128% |
| 83 | Feb 04, 1993 | Feb 04, 1993 | Mar 04, 1993 | $0.0175 | 0.123% |
| 84 | Nov 05, 1992 | Nov 05, 1992 | Dec 02, 1992 | $0.0175 | 0.144% |
| 85 | Aug 06, 1992 | Aug 06, 1992 | Sep 02, 1992 | $0.0175 | 0.194% |
| 86 | May 12, 1992 | May 12, 1992 | Jun 03, 1992 | $0.0175 | 0.199% |
| 87 | Feb 06, 1992 | Feb 06, 1992 | Mar 04, 1992 | $0.0175 | 0.176% |
| 88 | Nov 05, 1991 | Nov 05, 1991 | Dec 05, 1991 | $0.0175 | 0.204% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
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 1.90%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). 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 (11.05%), 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 | 5.614B | $0.115 | 1.90% | 17.23% |
