MGIC Investment's last dividend was on May 6, 2026 (ex-date) with a distribution of $0.15 per share. On an annualized basis, the company has a current payout of $0.6 per share. This brings the dividend yield to 2% based on its recent close price.
MGIC Investment's dividend yield of 2% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.4%, MGIC Investment's dividend yield is 17% lower. The current dividend yield is less than the historical average of 2.2% of the last 5 years.
MGIC Investment has a long dividend history, including the last seven consecutive years with dividend payouts. MTG has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 15% since one year ago. And with the stock price up by 14% from a year ago, the dividend yield has grown by 1.1%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| May 6, 2026 | $0.15 | 2.27% |
| Feb 17, 2026 | $0.15 | 2.16% |
| Nov 6, 2025 | $0.15 | 2.03% |
| Aug 7, 2025 | $0.15 | 2.04% |
| May 8, 2025 | $0.13 | 1.98% |
| Feb 18, 2025 | $0.13 | 2.04% |
| Nov 7, 2024 | $0.13 | 2% |
| Aug 8, 2024 | $0.13 | 2.02% |
| May 8, 2024 | $0.115 | 2.2% |
| Feb 14, 2024 | $0.115 | 2.3% |
| Nov 8, 2023 | $0.115 | 2.47% |
| Aug 9, 2023 | $0.115 | 2.3% |
| May 10, 2023 | $0.1 | 2.73% |
| Feb 16, 2023 | $0.1 | 2.71% |
| Nov 9, 2022 | $0.1 | 2.72% |
| Aug 10, 2022 | $0.1 | 2.31% |
| May 11, 2022 | $0.08 | 2.47% |
| Feb 15, 2022 | $0.08 | 1.9% |
| Nov 9, 2021 | $0.08 | 1.83% |
| Aug 11, 2021 | $0.08 | 1.76% |
| May 12, 2021 | $0.06 | 1.8% |
| Feb 16, 2021 | $0.06 | 1.88% |
| Nov 9, 2020 | $0.06 | 2.17% |
| Aug 10, 2020 | $0.06 | 2.67% |
| May 8, 2020 | $0.06 | 3.37% |
| Feb 10, 2020 | $0.06 | 1.27% |
| Nov 7, 2019 | $0.06 | 0.86% |
| Aug 29, 2019 | $0.06 | 0.48% |
MGIC Investment's payout ratio of 18.6% is below the Financial Services sector, the industry and its peers average. If we compare it with its Financial Services sector average of 32.9%, MGIC Investment's payout ratio is 43% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ORI Old Republic International Corp | 8.58% | $3.71 | 79.3% |
| RDN Radian Group Inc | 2.57% | $1.02 | 24.9% |
| AIG American International Group Inc | 2.36% | $1.85 | 32.3% |
| ESNT Essent Group Ltd | 1.97% | $1.32 | 18.6% |
| MTG MGIC Investment Corp | 1.95% | $0.6 | 18.6% |
| HTH Hilltop Holdings Inc | 1.92% | $0.76 | 28.1% |
Yes, MGIC Investment has been paying dividends for the last seven years.
MGIC Investment's last regular dividend was on May 6, 2026 (ex-date) with the amount of $0.15 per share.
MTG's annualized dividend per share is $0.6.
MGIC Investment's current dividend yield is 2%.
MGIC Investment pays four dividends per year.
MGIC Investment's dividend payout ratio is 18.6%.
MGIC Investment's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.