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NYSE: MTG
Mgic Investment Corp Stock Dividend Yield & Dates

OverviewForecastEarningsDividend
Ownership

MTG dividend stability and growth

Last Dividend per share
$0.1150
Forward Dividend yield
2.38%
MTG's dividend has not dropped... subscribe to Premium to read more.
Dividend Stability Dividend
MTG dividends have increased over... subscribe to Premium to read more.
Consistent Dividend Growth Dividend

MTG dividend yield vs industry/market

Company
2.19%
Industry
11.34%
MTG dividends (2.19%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MTG dividends (2.19%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MTG dividend payout ratio

Mgic Investment Corp paid out 17.7% of its earnings over the trailing twelve months.
Retained earnings
82.3%
Payout ratio
17.7%
MTG earnings ($712.95M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MTG vs Specialty Insurance Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MTG2.19%Yes0+17.70%
FAF3.94%Yes0+101.00%
ESNT1.94%Yes0+15.20%
AXS2.87%Yes0+43.30%
ACT2.08%2+18.80%
View Top Specialty Insurance Stocks

MTG dividend dates

Next dividend payment date
May 21, 2024
Next ex-dividend date
May 8, 2024

Be the first to know when MTG increases or cuts their dividend.

Mgic Investment Dividends FAQ

Does Mgic Investment pay a dividend?

Yes, MTG has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Mgic Investment stock.

What is Mgic Investment's Dividend Payment Date?

Mgic Investment's next dividend payment date is on 2024-05-21, when Mgic Investment shareholders who owned MTG shares before 2024-05-08 will receive a dividend payment of $0.1150 per share. Add MTG to your watchlist to be reminded of MTG's next dividend payment.

Is Mgic Investment's dividend stable?

Yes, MTG's dividend has been stable for the last 10 years.

Does Mgic Investment have sufficient earnings to cover their dividend?

Yes, MTG's past year earnings per share was $2.51, and their annual dividend per share is $0.45. MTG's dividend payout ratio is 17.7%, which is sustainable.

How much is Mgic Investment's dividend?

MTG pays a dividend of $0.45 per share. MTG's annual dividend yield is 2.19%. Mgic Investment's dividend is lower than the US industry average of 11.34%, and it is lower than the US market average of 4.22%.

What is Mgic Investment's Ex-Dividend Date?

Mgic Investment's upcoming ex-dividend date is on 2024-05-08. Mgic Investment shareholders who own MTG stock before this date will receive Mgic Investment's next dividend payment of $0.1150 per share on 2024-05-21. Add MTG to your watchlist to be reminded before MTG's ex-dividend date.

Is Mgic Investment's dividend showing long-term growth?

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