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MGIC Investment (MTG) Dividend Yield, Date & History

$24.88
+0.45 (+1.84%)
(As of 07/26/2024 ET)

Dividend Summary

Dividend Yield
1.85%
Annual Dividend
$0.46
Annualized 3-Year
Dividend Growth
21.46%
Dividend Payout Ratio
17.69%
Next
Dividend Payment
Aug. 22
Skip Charts & View Dividend History

MGIC Investment vs. The Competition

TypeMGIC InvestmentFinance CompaniesNYSE Companies
Annual Dividend$0.46$1.80$1.55
Dividend Yield1.86%1,046.68%351.32%
Annualized 3-Year Dividend Growth21.46%1,294.31%1,555.21%

MGIC Investment Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings17.69%
Based on This Year's Estimates18.25%
Based on Next Year's Estimates17.69%
Based on Cashflow15.89%

MGIC Investment Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2024quarterly$0.132.1%8/8/20248/8/20248/22/2024
4/25/2024quarterly$0.11502.2%5/8/20245/9/20245/21/2024
1/23/2024quarterly$0.11502.3%2/14/20242/15/20243/5/2024
10/26/2023quarterly$0.11502.8%11/8/202311/9/202311/28/2023
7/27/2023quarterly$0.11502.7%8/9/20238/10/20238/24/2023
4/27/2023quarterly$0.102.7%5/10/20235/11/20235/25/2023
1/24/2023quarterly$0.102.9%2/16/20232/17/20233/2/2023
10/27/2022Quarterly$0.102.97%11/9/202211/10/202211/23/2022
7/29/2022quarterly$0.102.8%8/10/20228/11/20228/25/2022
4/29/2022quarterly$0.082.5%5/11/20225/12/20225/26/2022
1/26/2022quarterly$0.082.1%2/15/20222/16/20223/2/2022
10/29/2021quarterly$0.082%11/9/202111/11/202111/23/2021
7/30/2021quarterly$0.082.3%8/11/20218/12/20218/26/2021
4/30/2021quarterly$0.061.6%5/12/20215/13/20215/27/2021
1/27/2021quarterly$0.062%2/16/20212/17/20213/3/2021
10/30/2020quarterly$0.062.4%11/9/202011/11/202011/25/2020
7/31/2020quarterly$0.062.9%8/10/20208/11/20208/28/2020
4/24/2020quarterly$0.063.8%5/8/20205/11/20205/29/2020
1/29/2020quarterly$0.061.7%2/10/20202/11/20202/28/2020
10/24/2019Quarterly$0.061.71%11/7/201911/11/201911/25/2019
7/25/2019quarterly$0.061.81%8/29/20198/30/20199/20/2019
(Data available from 1/1/2013 forward)

MGIC Investment Dividend - Frequently Asked Questions

What is MGIC Investment's dividend yield?

The current dividend yield for MGIC Investment is 1.85%. Learn more on MTG's dividend yield history.

How much is MGIC Investment's annual dividend?

The annual dividend for MTG shares is $0.46. Learn more on MTG's annual dividend history.

How often does MGIC Investment pay dividends?

MGIC Investment pays quarterly dividends to shareholders.

When is MGIC Investment's next dividend payment?

MGIC Investment's next quarterly dividend payment of $0.13 per share will be made to shareholders on Thursday, August 22, 2024.

When was MGIC Investment's most recent dividend payment?

MGIC Investment's most recent quarterly dividend payment of $0.1150 per share was made to shareholders on Tuesday, May 21, 2024.

When is MGIC Investment's ex-dividend date?

MGIC Investment's next ex-dividend date is Thursday, August 8, 2024.

When was MGIC Investment's most recent ex-dividend date?

MGIC Investment's most recent ex-dividend date was Wednesday, May 8, 2024.

Is MGIC Investment's dividend growing?

Over the past three years, the company's dividend has grown by an average of 21.46% per year.

When did MGIC Investment last increase or decrease its dividend?

The most recent change in the company's dividend was an increase of $0.0150 on Friday, July 26, 2024.

What is MGIC Investment's dividend payout ratio?
The dividend payout ratio for MTG is:
  • 17.69% based on the trailing year of earnings
  • 18.25% based on this year's estimates
  • 17.69% based on next year's estimates
  • 15.77% based on cash flow
Is MGIC Investment a good dividend stock?

MGIC Investment's dividend yield of 1.97% is lower than the average Finance company that issues a dividend. MGIC Investment's dividend payout ratio of 17.69% is at a healthy, sustainable level, below 75% of its earnings.

This page (NYSE:MTG) was last updated on 7/26/2024 by MarketBeat.com Staff

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