Magic Software Enterprises Ltd. (MGIC) Dividends
Dividend Yield and Dividend History Highlights
- Over the past 6 years of historical data, MGIC has returned more capital to shareholders through its dividend issuances than merely 11.94% of other dividend-paying US stocks.
- MGIC's trailing 12 month dividends has averaged an annual growth rate of 13.23%.
- In terms of debt burden relative to earnings, MGIC has an EBITDA to net debt ratio of 39,369,000, ranking above 88.78% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with MGIC that may be suitable potential portfolio mates: COTY, KTYB, MOG.A, SNV and CHMG.
MGIC Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $12.60 | $10.11 | -44.59% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of MGIC, the DDM model, as implemented by StockNews, implies a negative return of 44.59% relative to its current price. To help understand and contextualize the model's evaluation of MGIC, investors may wish to consider are:
- As for its position relative to other Technology stocks that issue dividends, MGIC provides shareholders with a dividend yield greater than 80.31% such stocks.
- Compared to other dividend issuers in the small-sized market cap category, MGIC's beta -- a measure of volatility relative to the market at large -- is lower than 9.31% of them.
MGIC Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-12-23 | Dividend | $0.24 | +15.69% |
| 2024-06-27 | Dividend | $0.20 | -37.61% |
| 2023-08-29 | Dividend | $0.33 | +9.00% |
| 2023-04-06 | Dividend | $0.30 | +3.45% |
| 2022-08-29 | Dividend | $0.29 | +34.26% |
| 2022-03-23 | Dividend | $0.22 | -7.69% |
| 2021-08-27 | Dividend | $0.23 | +11.43% |
| 2021-03-24 | Dividend | $0.21 | +20.00% |
| 2020-08-26 | Dividend | $0.18 | +118.75% |
| 2020-06-08 | Dividend | $0.08 | -48.72% |
| 2019-08-26 | Dividend | $0.16 | +4.00% |
| 2019-03-13 | Dividend | $0.15 | -3.23% |
| 2018-08-21 | Dividend | $0.16 | +19.23% |
| 2018-03-12 | Dividend | $0.13 | -- |
| 2017-08-25 | Dividend | $0.13 | +52.94% |
| 2016-09-06 | Dividend | $0.09 | -5.56% |
| 2016-02-29 | Dividend | $0.09 | -5.26% |
| 2015-08-21 | Dividend | $0.10 | +17.28% |
| 2015-02-19 | Dividend | $0.08 | -14.74% |
| 2014-08-15 | Dividend | $0.10 | -20.83% |
| 2014-02-25 | Dividend | $0.12 | +33.33% |
| 2013-08-19 | Dividend | $0.09 | -25.00% |
| 2013-02-21 | Dividend | $0.12 | +20.00% |
| 2012-09-28 | Dividend | $0.10 | -80.00% |
| 2010-01-07 | Dividend | $0.50 | +66.67% |
| 2003-02-11 | Dividend | $0.30 | -- |
| 2000-02-14 | Split |
MGIC Dividends vs. Peers
MGIC's dividend yield currently ranks #122 of 236 vs. its peers in the Software - Application category.
Looking for More Information on MGIC dividends?
Here are a few links from around the web to help you further your research on Magic Software Enterprises Ltd and its dividends:Magic Software Enterprises Ltd Common Stock (MGIC) Dividend History | Nasdaq
Dividend History for Magic Software Enterprises Ltd (MGIC) - Dividend Investor
Magic Software Enterprises Ltd (MGIC) Dividend History - Seeking Alpha