Free Trial

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

Magic Software Enterprises logo
$10.92 -0.04 (-0.36%)
(As of 11/20/2024 ET)

Dividend Summary

Dividend Yield
4.30%
Annual Dividend
$0.47
Annualized 3-Year
Dividend Growth
34.97%
Dividend Payout Ratio
67.14%
Next
Dividend Payment
Jan. 8
Skip Charts & View Dividend History

Magic Software Enterprises vs. The Competition

TypeMagic Software EnterprisesComputer CompaniesNASDAQ Companies
Annual Dividend$0.47$3.38$1.28
Dividend Yield4.30%276.77%405.52%
Annualized 3-Year Dividend Growth34.97%12.68%14.30%

Magic Software Enterprises Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings67.14%
Based on This Year's Estimates49.47%
Based on Next Year's Estimates47.47%
Based on Cashflow35.03%

Magic Software Enterprises Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/19/2024semi-annual$0.23603.7%12/23/202412/23/20241/8/2025
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 4.30%. Learn more on MGIC's dividend yield history.

How much is Magic Software Enterprises's annual dividend?

The annual dividend for MGIC shares is $0.47. 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 is Magic Software Enterprises's next dividend payment?

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

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 is Magic Software Enterprises's ex-dividend date?

Magic Software Enterprises's next ex-dividend date is Monday, December 23, 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 an increase of $0.0320 on Tuesday, November 19, 2024.

What is Magic Software Enterprises's dividend payout ratio?
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
  • 35.03% based on cash flow
Is Magic Software Enterprises a good dividend stock?

Magic Software Enterprises' dividend yield of 3.71% 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.


This page (NASDAQ:MGIC) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners