S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
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Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

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

$11.55
+0.10 (+0.87%)
(As of 04/19/2024 ET)

Dividend Summary

Dividend Yield
5.63%
Annual Dividend
$0.65
Dividend Increase
Track Record
1 Year
Annualized 3-Year
Dividend Growth
55.24%
Dividend Payout Ratio
86.67%
Recent
Dividend Payment
Sep. 13
Skip Charts & View Dividend History

Magic Software Enterprises vs. The Competition

TypeMagic Software EnterprisesComputer CompaniesNASDAQ Companies
Annual Dividend$0.65$3.72$1.23
Dividend Yield5.63%276.19%401.32%
Annualized 3-Year Dividend Growth55.24%1,384.98%1,358.62%
Track Record1 year7 years6 years

Magic Software Enterprises Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings86.67%
Based on This Year's Estimates69.89%
Based on Next Year's Estimates67.01%
Based on Cashflow47.16%

Magic Software Enterprises Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 5.63%. Learn more on MGIC's dividend yield history.

How much is Magic Software Enterprises's annual dividend?

The annual dividend for MGIC shares is $0.65. 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 $0.3270 per share was made to shareholders on Wednesday, September 13, 2023.

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

Magic Software Enterprises's most recent ex-dividend date was Tuesday, August 29, 2023.

Is Magic Software Enterprises's dividend growing?

Over the past three years, the company's dividend has grown by an average of 55.24% per year.

What track record does Magic Software Enterprises have of raising its dividend?

Magic Software Enterprises has increased its dividend for 1 year.

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

The most recent change in the company's dividend was an increase of $0.1020 on Monday, August 14, 2023.

What is Magic Software Enterprises's dividend payout ratio?
The dividend payout ratio for MGIC is:
  • 86.67% based on the trailing year of earnings
  • 69.89% based on this year's estimates
  • 67.01% based on next year's estimates
  • 47.16% based on cash flow
This page (NASDAQ:MGIC) was last updated on 4/19/2024 by MarketBeat.com Staff

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