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Magic Software Enterprises (MGIC) Dividend Yield, Date & History

$11.68
-0.04 (-0.34%)
(As of 07/26/2024 ET)

Dividend Summary

Dividend Yield
3.51%
Annual Dividend
$0.41
Annualized 3-Year
Dividend Growth
34.97%
Dividend Payout Ratio
56.16%
Recent
Dividend Payment
Jul. 11
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Magic Software Enterprises vs. The Competition

TypeMagic Software EnterprisesComputer CompaniesNASDAQ Companies
Annual Dividend$0.41$3.71$1.25
Dividend Yield3.51%269.53%396.46%
Annualized 3-Year Dividend Growth34.97%1,221.58%1,417.88%

Magic Software Enterprises Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings56.16%
Based on This Year's Estimates43.16%
Based on Next Year's Estimates41.41%
Based on Cashflow28.85%

Magic Software Enterprises Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/16/2024Semi-Annual$0.20403.5%6/27/20246/27/20247/11/2024
8/14/2023Semi-Annual$0.32705.4%8/29/20238/30/20239/13/2023
3/9/2023semi-annual$0.22504.4%4/6/20234/10/20234/20/2023
8/12/2022semi-annual$0.293.1%8/29/20228/30/20229/13/2022
3/2/2022Semi-Annual$0.21602.3%3/23/20223/24/20224/7/2022
8/13/2021semi-annual$0.23402.4%8/27/20218/30/20219/14/2021
3/8/2021Semi-Annual$0.212.5%3/24/20213/25/20214/7/2021
8/14/2020semi-annual$0.17502.4%8/26/20208/27/20209/10/2020
5/28/2020semi-annual$0.081.6%6/8/20206/9/20206/25/2020
8/13/2019Semi-Annual$0.15608/26/20198/27/20199/12/2019
3/4/2019Semi-Annual$0.153/13/20193/14/20193/27/2019
8/8/2018Semi-Annual$0.15508/21/20188/22/20189/5/2018
2/28/2018Semi-Annual$0.133.21%3/12/20183/13/20183/26/2018
8/14/2017semiannual$0.133.25%8/29/20178/29/20179/13/2017
2/22/2017Semi-Annual$0.08503/16/20173/20/20174/5/2017
8/15/2016$0.08509/6/20169/8/20169/22/2016
2/21/2016$0.092/29/20163/2/20163/17/2016
8/12/2015$0.09508/21/20158/25/20159/10/2015
2/5/2015$0.08102/19/20152/23/20153/11/2015
8/12/2014semiannual$0.09502.71%8/15/20148/19/20149/4/2014
2/20/2014semiannual$0.122.78%2/25/20142/27/20143/17/2014
2/20/2014$0.122/25/20142/27/20143/14/2014
8/13/2013semiannual$0.092.96%8/19/20138/21/20139/3/2013
2/15/2013quarterly$0.1210.04%2/21/20132/25/20133/14/2013
(Data available from 1/1/2013 forward)

Magic Software Enterprises Dividend - Frequently Asked Questions

What is Magic Software Enterprises's dividend yield?

The current dividend yield for Magic Software Enterprises is 3.51%. Learn more on MGIC's dividend yield history.

How much is Magic Software Enterprises's annual dividend?

The annual dividend for MGIC shares is $0.41. Learn more on MGIC's annual dividend history.

How often does Magic Software Enterprises pay dividends?

Magic Software Enterprises pays annually dividends to shareholders.

When was Magic Software Enterprises's most recent dividend payment?

Magic Software Enterprises's most recent annually dividend payment of $0.2040 per share was made to shareholders on Thursday, July 11, 2024.

When was Magic Software Enterprises's most recent ex-dividend date?

Magic Software Enterprises's most recent ex-dividend date was Thursday, June 27, 2024.

Is Magic Software Enterprises's dividend growing?

Over the past three years, the company's dividend has grown by an average of 34.97% per year.

When did Magic Software Enterprises last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.1230 on Thursday, May 16, 2024.

What is Magic Software Enterprises's dividend payout ratio?
The dividend payout ratio for MGIC is:
  • 56.16% based on the trailing year of earnings
  • 43.16% based on this year's estimates
  • 41.41% based on next year's estimates
  • 28.85% based on cash flow
Is Magic Software Enterprises a good dividend stock?

Magic Software Enterprises' dividend yield of 3.54% is higher than the average Computer and Technology company that issues a dividend. Magic Software Enterprises' dividend payout ratio of 56.16% is at a healthy, sustainable level, below 75% of its earnings.

This page (NASDAQ:MGIC) was last updated on 7/27/2024 by MarketBeat.com Staff

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