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NASDAQ: MGIC
Magic Software Enterprises Ltd Stock Dividend Yield & Dates

MGIC dividend stability and growth

Last Dividend per share
$0.2040
Forward Dividend yield
4.24%
MGIC's dividend has dropped by... subscribe to Premium to read more.
Dividend Stability Dividend
MGIC dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MGIC dividend yield vs industry/market

Company
4.76%
Industry
2.52%
MGIC dividends (4.76%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGIC dividends (4.76%) are in... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGIC dividend payout ratio

Magic Software Enterprises Ltd paid out 44.8% of its earnings over the trailing twelve months.
Retained earnings
55.2%
Payout ratio
44.8%
MGIC earnings ($35.72M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGIC vs Information Technology Service Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGIC4.76%No3+44.80%
INODN/AN/A0.00%
CTLPN/AN/A0.00%
VNETN/AN/A0.00%
HCKT1.81%No2+34.40%

MGIC dividend dates

Last dividend payment date
Sep 13, 2023
Last ex-dividend date
Aug 29, 2023

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Magic Software Enterprises Dividends FAQ

Does Magic Software Enterprises pay a dividend?

Yes, MGIC has paid a dividend within the past 6 months.


If you're new to stock investing, here's how to buy Magic Software Enterprises stock.

What is Magic Software Enterprises's Dividend Payment Date?

Magic Software Enterprises's last dividend payment date was on 2023-09-13, when Magic Software Enterprises shareholders who owned MGIC shares before 2023-08-29 received a dividend payment of $0.3270 per share. Magic Software Enterprises's next dividend payment date has not been announced yet. Add MGIC to your watchlist to be reminded of MGIC's next dividend payment.

Is Magic Software Enterprises's dividend stable?

No, MGIC's dividend has not been stable over the last 10 years

Does Magic Software Enterprises have sufficient earnings to cover their dividend?

Yes, MGIC's past year earnings per share was $0.73, and their annual dividend per share is $0.53. MGIC's dividend payout ratio is 44.8%, which is sustainable.

How much is Magic Software Enterprises's dividend?

MGIC pays a dividend of $0.53 per share. MGIC's annual dividend yield is 4.76%. Magic Software Enterprises's dividend is higher than the US industry average of 2.52%, and it is higher than the US market average of 3.33%.

What is Magic Software Enterprises's Ex-Dividend Date?

Magic Software Enterprises's previous ex-dividend date was on 2023-08-29. Magic Software Enterprises shareholders who own MGIC stock before this date received Magic Software Enterprises's last dividend payment of $0.3270 per share on 2023-09-13. Magic Software Enterprises's next ex-dividend date has not been announced yet. Add MGIC to your watchlist to be reminded before MGIC's ex-dividend date.

Is Magic Software Enterprises's dividend showing long-term growth?

Yes, MGIC's' dividend has been growing over the last 10 years.
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