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MTG Mgic Investment dividend history, payout ratio & dates

Mgic Investment's last quarterly dividend was on May 11, 2022 (ex-date) with a distribution of $0.08 per share. On an annualized basis, the company has a current payout of $0.32 per share. This brings the dividend yield to 2.4% based on its recent close price.

Key dates

  • MTG last dividend date: May 11, 2022
  • MTG next dividend date: Not announced
MTG dividend stats
DPS
$0.32
Dividend yield
2.48%
Payout ratio
15.9%
vs. Financial Services sector
Dividend yield
2.84%
Payout ratio
33.5%

Dividend yield

What is Mgic Investment current dividend yield

Mgic Investment's dividend yield of 2.4% is lower than the Financial Services sector, the industry and its peers average.

Dividend history

What is MTG dividend payout history and dates

Mgic Investment has a long dividend history, including the last three consecutive years with dividend payouts. MTG has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 33% since one year ago. And with the stock price down by 7% from a year ago, the dividend yield has grown by 43%.

Recent dividends

Declared on Ex-date Payment date Amount Type
Apr 28, 2022 May 11, 2022 May 26, 2022 $0.08 normal
Jan 25, 2022 Feb 15, 2022 Mar 2, 2022 $0.08 normal
Oct 28, 2021 Nov 9, 2021 Nov 23, 2021 $0.08 normal
Jul 29, 2021 Aug 11, 2021 Aug 26, 2021 $0.08 normal
Apr 29, 2021 May 12, 2021 May 27, 2021 $0.06 normal
Jan 26, 2021 Feb 16, 2021 Mar 3, 2021 $0.06 normal
Oct 29, 2020 Nov 9, 2020 Nov 25, 2020 $0.06 normal
Jul 30, 2020 Aug 10, 2020 Aug 28, 2020 $0.06 normal
Apr 23, 2020 May 8, 2020 May 29, 2020 $0.06 normal
Jan 28, 2020 Feb 10, 2020 Feb 28, 2020 $0.06 normal
Oct 24, 2019 Nov 7, 2019 Nov 25, 2019 $0.06 normal
Jul 25, 2019 Aug 29, 2019 Sep 20, 2019 $0.06 normal

Dividend payout ratio

What is Mgic Investment dividend payout ratio compared to the sector

Payout ratio

Mgic Investment's payout ratio of 15.9% is above its peers average but below the Financial Services sector and the industry average.

Total amount of dividends paid per financial year (from cash flow)