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MGIC Investment (MTG) Dividend Yield, Date & History

MGIC Investment logo
$23.66 +0.34 (+1.46%)
(As of 12/20/2024 05:31 PM ET)

MGIC Investment Dividend Summary

Dividend Yield
2.20%
Annual Dividend
$0.52
Recent
Dividend Payment
Nov. 21
Annualized 3-Year
Dividend Growth
21.46%
Dividend Payout Ratio
18.31%

MGIC Investment (MTG) pays an annual dividend of $0.52 per share, with a dividend yield of 2.20%. The next quarterly payment of $0.13 per share was paid on Thursday, November 21, to investors who owned the stock before the ex-dividend date of Thursday, November 7. The company currently pays out 18.31% of its earnings and 19.69% of its cash flow as dividends.

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MTG Dividend Payments by Quarter

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

MTG Dividend Yield Over Time

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

MGIC Investment vs. The Competition

Compare MGIC Investment's annual dividend, yield, and 3-year growth rate with averages for Finance and NYSE companies to evaluate its performance against the market.

TypeMGIC InvestmentFinance CompaniesNYSE Companies
Annual Dividend$0.52$0.02$1.39
Dividend Yield2.20%9.87%3.60%
Annualized 3-Year Dividend Growth21.46%12.89%15.78%

MGIC Investment 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 Earnings18.31%
Based on This Year's Estimate18.25%
Based on Next Year's Estimate19.19%
Based on Cashflow19.69%

MGIC Investment Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/24/2024quarterly$0.13 - 2.05%11/7/202411/7/202411/21/2024
7/25/2024quarterly$0.13+$0.0150
13.04%
2.1%8/8/20248/8/20248/22/2024
4/25/2024quarterly$0.1150 - 2.2%5/8/20245/9/20245/21/2024
1/23/2024quarterly$0.1150 - 2.3%2/14/20242/15/20243/5/2024
10/26/2023quarterly$0.1150 - 2.8%11/8/202311/9/202311/28/2023
7/27/2023quarterly$0.1150+$0.0150
15.00%
2.7%8/9/20238/10/20238/24/2023
4/27/2023quarterly$0.10 - 2.7%5/10/20235/11/20235/25/2023
1/24/2023quarterly$0.10 - 2.9%2/16/20232/17/20233/2/2023

This table shows MGIC Investment's quarterlydividend 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.

MGIC Investment Dividend - Frequently Asked Questions

The current dividend yield for MGIC Investment is 2.20%. Learn more on MTG's dividend yield history.

The annual dividend for MTG shares is $0.52. Learn more on MTG's annual dividend history.

MGIC Investment pays quarterly dividends to shareholders.

MGIC Investment's most recent quarterly dividend payment of $0.13 per share was made to shareholders on Thursday, November 21, 2024.

MGIC Investment's most recent ex-dividend date was Thursday, November 7, 2024.

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

The most recent change in the company's dividend was an increase of $0.0150 on Thursday, July 25, 2024.

The dividend payout ratio for MTG is:
  • 18.31% based on the trailing year of earnings
  • 18.25% based on this year's estimates
  • 19.19% based on next year's estimates
  • 19.69% based on cash flow

MGIC Investment's dividend yield of 2.12% is lower than the average Finance company that issues a dividend. MGIC Investment's dividend payout ratio of 18.31% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate MGIC Investment stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


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