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

Magic Software Enterprises logo
$12.04 +0.14 (+1.18%)
(As of 12/20/2024 05:16 PM ET)
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Magic Software Enterprises Dividend Summary

Dividend Yield
3.90%
Annual Dividend
$0.47
Next
Dividend Payment
Jan. 8
Annualized 3-Year
Dividend Growth
34.97%
Dividend Payout Ratio
67.14%

Magic Software Enterprises (MGIC) pays an annual dividend of $0.47 per share, with a dividend yield of 3.90%. The next annually payment of $0.2360 per share is scheduled for Wednesday, January 8, to investors who own the stock before the ex-dividend date of Monday, December 23. The company currently pays out 67.14% of its earnings and 35.09% of its cash flow as dividends.

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Skip Charts & View Dividend History

MGIC Dividend Payments by Quarter

The chart below displays up to four years of Magic Software Enterprises' dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MGIC Dividend Yield Over Time

The chart below tracks Magic Software Enterprises' dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Magic Software Enterprises vs. The Competition

Compare Magic Software Enterprises' annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeMagic Software EnterprisesComputer CompaniesNASDAQ Companies
Annual Dividend$0.47$0.03$1.31
Dividend Yield3.90%2.77%4.21%
Annualized 3-Year Dividend Growth34.97%12.57%14.22%

Magic Software Enterprises Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.14%
Based on This Year's Estimate49.47%
Based on Next Year's Estimate47.47%
Based on Cashflow35.09%

Magic Software Enterprises Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/18/2024semi-annual$0.2360+$0.0320
15.69%		3.7%12/23/202412/23/20241/8/2025
5/16/2024Semi-Annual$0.2040-$0.1230
37.61%		3.5%6/27/20246/27/20247/11/2024
8/14/2023Semi-Annual$0.3270+$0.1020
45.33%		5.4%8/29/20238/30/20239/13/2023
3/9/2023semi-annual$0.2250-$0.0650
22.41%		4.4%4/6/20234/10/20234/20/2023

This table shows Magic Software Enterprises' annuallydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Magic Software Enterprises Dividend - Frequently Asked Questions

The current dividend yield for Magic Software Enterprises is 3.90%. Learn more on MGIC's dividend yield history.

The annual dividend for MGIC shares is $0.47. Learn more on MGIC's annual dividend history.

Magic Software Enterprises pays annually dividends to shareholders.

Magic Software Enterprises's next annually dividend payment of $0.2360 per share will be made to shareholders on Wednesday, January 8, 2025.

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

Magic Software Enterprises's next ex-dividend date is Monday, December 23, 2024.

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

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

The most recent change in the company's dividend was an increase of $0.0320 on Monday, November 18, 2024.

The dividend payout ratio for MGIC is:
  • 67.14% based on the trailing year of earnings
  • 49.47% based on this year's estimates
  • 47.47% based on next year's estimates
  • 35.09% based on cash flow

Magic Software Enterprises' dividend yield of 3.26% is higher than the average Computer and Technology company that issues a dividend. Magic Software Enterprises' dividend payout ratio of 67.14% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Magic Software Enterprises stock as a Buy, with forecasts suggesting positive growth potential despite some reservations.

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This page (NASDAQ:MGIC) was last updated on 12/21/2024 by MarketBeat.com Staff
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