Magic Software Enterprises's latest dividend was on Jun 27, 2024 (ex-date) with a payout of $0.204 per share. At an annualized rate of $0.53 per share, the stock yields 4.43%.
Magic Software Enterprises's dividend yield of 4.43% is above the Technology sector and the industry average. Compared to its Technology sector average of 1.65%, Magic Software Enterprises's dividend yield is 168% higher. The historical 5-year average of MGIC's dividend yield is 3.3%, which is below the current yield.
Magic Software Enterprises has a long history of dividend payments, including the last 12 consecutive years with dividend payouts. MGIC has distributed one dividend in the past year. The annualized dividend per share has a decrease of 15% since twelve months ago. And with the price of the stock up by 28% from a year ago, the dividend yield has a decrease of 34%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Jun 27, 2024 | $0.204 | 5.51% |
Aug 29, 2023 | $0.327 | 5.39% |
Apr 6, 2023 | $0.3 | 4.4% |
Aug 29, 2022 | $0.29 | 2.91% |
Mar 23, 2022 | $0.216 | 2.47% |
Aug 27, 2021 | $0.234 | 2.18% |
Mar 24, 2021 | $0.21 | 2.87% |
Aug 26, 2020 | $0.175 | 1.67% |
Jun 8, 2020 | $0.08 | 2.12% |
Aug 26, 2019 | $0.156 | 3.38% |
Mar 13, 2019 | $0.15 | 3.57% |
Aug 21, 2018 | $0.155 | 3.22% |
Mar 12, 2018 | $0.13 | 3.11% |
Aug 25, 2017 | $0.13 | 2.79% |
Mar 16, 2017 | $0.085 | 2.14% |
Sep 6, 2016 | $0.085 | 2.28% |
Feb 29, 2016 | $0.09 | 2.65% |
Aug 21, 2015 | $0.095 | 2.8% |
Feb 19, 2015 | $0.081 | 2.56% |
Magic Software Enterprises's payout ratio of 75.9% is above the Technology sector and the industry average. Compared to its Technology sector average of 41.1%, Magic Software Enterprises's payout ratio is 85% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MGIC Magic Software Enterprises Ltd. | 4.43% | $0.53 | 75.9% |
IBM International Business Machines Corp | 2.84% | $6.67 | 95.4% |
ORCL Oracle Corp | 0.86% | $1.6 | 40.1% |
MSFT Microsoft Corp | 0.7% | $3.08 | 25.3% |
Yes, Magic Software Enterprises has paid one dividend in the last twelve months. MGIC has been paying dividends since 2012.
Magic Software Enterprises's last regular dividend was on Jun 27, 2024 (ex-date) with the amount of $0.204 per share.
On an annual basis MGIC pays $0.53 per share.
The current dividend yield of Magic Software Enterprises is 4.43%.
Magic Software Enterprises typically pays two dividends per year.
The dividend payout ratio of Magic Software Enterprises is 75.9%.
Magic Software Enterprises's dividend yield is above the Technology sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.