Magic Software Enterprises Ltd. (MGIC) Dividends

Magic Software Enterprises Ltd. (MGIC): $11.66

0.17 (-1.44%)

POWR Rating

Component Grades

Momentum

C

Stability

B

Sentiment

Quality

C

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Industry: Software - Application

Industry

B

Ranked

#17 of 133

in industry

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 Ex-Dividend Date
MGIC Dividend Yield
5.57%
MGIC Annual Dividend
$0.65
MGIC Payout Ratio

MGIC Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$11.66$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
2023-08-29Dividend$0.33+9.00%
2023-04-06Dividend$0.30+3.45%
2022-08-29Dividend$0.29+34.26%
2022-03-23Dividend$0.22-7.69%
2021-08-27Dividend$0.23+11.43%
2021-03-24Dividend$0.21+20.00%
2020-08-26Dividend$0.18+118.75%
2020-06-08Dividend$0.08-48.72%
2019-08-26Dividend$0.16+4.00%
2019-03-13Dividend$0.15-3.23%
2018-08-21Dividend$0.16+19.23%
2018-03-12Dividend$0.13--
2017-08-25Dividend$0.13+52.94%
2016-09-06Dividend$0.09-5.56%
2016-02-29Dividend$0.09-5.26%
2015-08-21Dividend$0.10+17.28%
2015-02-19Dividend$0.08-14.74%
2014-08-15Dividend$0.10-20.83%
2014-02-25Dividend$0.12+33.33%
2013-08-19Dividend$0.09-25.00%
2013-02-21Dividend$0.12+20.00%
2012-09-28Dividend$0.10-80.00%
2010-01-07Dividend$0.50+66.67%
2003-02-11Dividend$0.30--
2000-02-14Split


MGIC Dividends vs. Peers

MGIC's dividend yield currently ranks #121 of 235 vs. its peers in the Software - Application category.
Rank Symbol Name Dividend Yield
1 VERB Verb Technology Company, Inc. 0.00%
2 DWCH Datawatch Corporation 0.00%
3 YAYO YAYYO, INC. 0.00%
4 YALA Yalla Group Ltd. ADR 0.00%
5 FRSH Freshworks Inc. Cl A 0.00%
6 PLUS ePlus inc. 0.00%
7 API Agora Inc. ADR 0.00%
8 CFLT Confluent, Inc. 0.00%
9 MCLD mCloud Technologies Corp. 0.00%
10 KARO Karooooo Ltd. 0.00%
11 SAP SAP SE ADR 0.00%
12 QH Quhuo Ltd. ADR 0.00%
13 NCNO nCino Inc. 0.00%
14 CXM Sprinklr, Inc. 0.00%
15 YMM Full Truck Alliance Co. Ltd. 0.00%
16 PBTS Powerbridge Technologies Co. Ltd. 0.00%
17 NICE NICE Ltd. ADR 0.00%
18 EGHSF Enghouse Systems Limited 0.00%
19 DATS DatChat, Inc. 0.00%
20 COIN Coinbase Global Inc. 0.00%
21 APPN Appian Corporation - 0.00%
22 VERX Vertex Inc. Cl A 0.00%
23 SEAC SeaChange International, Inc. 0.00%
24 BNFT Benefitfocus, Inc. 0.00%
25 LOGM LogMeIn, Inc. 0.00%
26 BIGC BigCommerce Holdings Inc. 0.00%
27 BLBX Blackboxstocks Inc. 0.00%
28 RMNI Rimini Street Inc. 0.00%
29 IS ironSource Ltd. 0.00%
30 PRGS Progress Software Corporation 0.00%
31 IBEX IBEX Ltd. 0.00%
32 EGAN eGain Corporation 0.00%
33 ALKT ALKAMI TECHNOLOGY, INC. 0.00%
34 kbnt Kubient Inc. 0.00%
35 FICO Fair Isaac Corp. 0.00%
36 EGOV NIC Inc. 0.00%
37 VRAR Glimpse Group, Inc. 0.00%
38 ENFN Enfusion, Inc. 0.00%
39 WDAY Workday Inc. Cl A 0.00%
40 SWVL Swvl Holdings Corp. 0.00%
41 APP Applovin Corp. Cl A 0.00%
42 OTMO Otonomo Technologies, Ltd. 0.00%
43 PVTL Pivotal Software, Inc. 0.00%
44 NTWK NETSOL Technologies Inc. 0.00%
45 NUAN Nuance Communications, Inc. 0.00%
46 fsly Fastly, Inc. 0.00%
47 DIDI DiDi Global Inc. 0.00%
48 INTA Intapp, Inc. 0.00%
49 CPAH CounterPath Corporation 0.00%
50 IMMR Immersion Corporation 0.00%
51 CDAY Ceridian HCM Holding Inc. 0.00%
52 CYN Cyngn, Inc. 0.00%
53 BSFT BroadSoft, Inc. 0.00%
54 DV DoubleVerify Holdings, Inc. 0.00%
55 BSQR BSQUARE Corporation 0.00%
56 AGIL AgileThought, Inc. 0.00%
57 AGMH AGM Group Holdings Inc. 0.00%
58 CIH China Index Holdings Limited 0.00%
59 MANH Manhattan Associates, Inc. 0.00%
60 PRO PROS Holdings, Inc. 0.00%
61 BVSN BroadVision, Inc. 0.00%
62 MANT ManTech International Corporation - 0.00%
63 PTC PTC Inc. 0.00%
64 STNE StoneCo Ltd. Cl A 0.00%
65 DUOT Duos Technologies Group Inc. 0.00%
66 AMSWA American Software, Inc. 0.00%
67 MATR Mattersight Corporation 0.00%
68 MYSZ My Size Inc. 0.00%
69 IFBD Infobird Co., Ltd 0.00%
70 XM Qualtrics International Inc. 0.00%
71 MODN Model N, Inc. 0.00%
72 CA CA Inc. 0.00%
73 INTU Intuit Inc. 0.00%
74 EZFL EzFill Holdings Inc 0.00%
75 CLSK CleanSpark, Inc. 0.00%
76 INPX Inpixon 0.00%
77 AMBR Amber Road, Inc. 0.00%
78 NEXCF NexTech AR Solutions Corp. 0.00%
79 SOUN SoundHound AI, Inc. 0.00%
80 INTZ Intrusion Inc. 0.00%
81 ANSS ANSYS Inc. 0.00%
82 QADA QAD Inc. 0.00%
83 CNSWF Constellation Software Inc. 0.00%
84 ANY Sphere 3D Corp. 0.00%
85 CALD Callidus Software, Inc. 0.00%
86 SRAD Sportradar Group AG 0.00%
87 FDVRF Facedrive Inc. 0.00%
88 ECOM ChannelAdvisor Corporation 0.00%
89 XPER Xperi Inc 0.00%
90 APPF AppFolio, Inc. - 0.00%
91 TSRI TSR, Inc. 0.00%
92 MRIN Marin Software Incorporated 0.00%
93 APPS Digital Turbine, Inc. 0.00%
94 CSOD Cornerstone OnDemand, Inc. 0.00%
95 SMSI Smith Micro Software, Inc. 0.00%
96 IDN Intellicheck, Inc. 0.00%
97 MFGP Micro Focus International PLC ADR 0.00%
98 SFET Safe-T Group Ltd. 0.00%
99 WEAV Weave Communications, Inc. 0.00%
100 EVOL Evolving Systems, Inc. 0.00%
101 RCAT Red Cat Holdings Inc. 0.00%
102 EXA Exa Corporation 0.00%
103 AVLR Avalara, Inc. 0.00%
104 MSP Datto Holding Corp. 0.00%
105 SNCR Synchronoss Technologies, Inc. 0.00%
106 ZDGE Zedge, Inc. 0.00%
107 PCOR Procore Technologies, Inc. 0.00%
108 SQSP Squarespace, Inc. 0.00%
109 BLZE Backblaze, Inc. 0.00%
110 QUMU Qumu Corporation 0.00%
111 SNPS Synopsys Inc. 0.00%
112 ALIT Alight, Inc 0.00%
113 TYPE Monotype Imaging Holdings Inc. 0.00%
114 ESMT EngageSmart, Inc. 0.00%
115 CINT CI&T Inc 0.00%
116 SOFO Sonic Foundry, Inc. 0.00%
117 CREX Creative Realities, Inc. 0.00%
118 EXFY Expensify, Inc. 0.00%
119 CRNC Cerence Inc. 0.00%
120 CRM Salesforce.com Inc 0.00%
121 MGIC Magic Software Enterprises Ltd. 0.00%
122 SOPA Society Pass Incorporated 0.00%
123 SEMR SEMrush Holdings, Inc. 0.00%
124 CVLT Commvault Systems, Inc. 0.00%
125 ZIXI Zix Corporation 0.00%
126 WEJO Wejo Group Limited 0.00%
127 LINX Linx S.A. American Depositary Shares, each representing one common share 0.00%
128 PALT Paltalk Inc. 0.00%
129 DCBO Docebo Inc. 0.00%
130 GUID Guidance Software, Inc. 0.00%
131 LGIQ Logiq, Inc. 0.00%
132 ACVA ACV Auctions Inc. 0.00%
133 ZENV Zenvia Inc. 0.00%
134 JIVE Jive Software, Inc. 0.00%
135 OTEX Open Text Corporation 0.00%
136 LAW CS Disco, Inc. 0.00%
137 AHI Advanced Human Imaging Ltd 0.00%
138 MITK Mitek Systems, Inc. 0.00%
139 CDK CDK Global, Inc. 0.00%
140 IDEX Ideanomics Inc. 0.00%
141 PUBM PubMatic Inc. 0.00%
142 PYCR Paycor HCM, Inc. 0.00%
143 CDNS Cadence Design Systems Inc. 0.00%
144 PHR Phreesia, Inc. 0.00%
145 VTEX VTEX 0.00%
146 MNTV Momentive Global Inc. 0.00%
147 ZEN Zendesk Inc. 0.00%
148 BRZE Braze, Inc. 0.00%
149 VS Versus Systems inc. 0.00%
150 DSP Viant Technology Inc. 0.00%
151 SPRT Support.com, Inc. 0.00%
152 MJCO Majesco 0.00%
153 ORCL Oracle Corporation 0.00%
154 SPSC SPS Commerce, Inc. 0.00%
155 MNDO MIND C.T.I. Ltd. - Ordinary Shares 0.00%
156 MULE MuleSoft, Inc. 0.00%
157 AMPL Amplitude, Inc. 0.00%
158 OBLG Oblong, Inc. 0.00%
159 BLND Blend Labs, Inc. 0.00%
160 CWAN Clearwater Analytics Holdings, Inc. 0.00%
161 UPLD Upland Software, Inc. 0.00%
162 ATTU Attunity Ltd. - 0.00%
163 ABST Absolute Software Corporation 0.00%
164 NRDY Nerdy 0.00%
165 DAVE Dave, Inc. 0.00%
166 MOBL MobileIron, Inc. 0.00%
167 ML MoneyLion Inc., 0.00%
168 INS Intelligent Systems Corporation 0.00%
169 MTTR Matterport, Inc. 0.00%
170 OLB The OLB Group, Inc. 0.00%
171 MKTW MarketWise Inc. 0.00%
172 DT Dynatrace Inc. 0.00%
173 TMVWY TeamViewer SE ADR 0.00%
174 KLDI KLDiscovery Inc. 0.00%
175 PWSC PowerSchool Holdings, Inc. 0.00%
176 COMP Compass Inc. Cl A 0.00%
177 ZI ZoomInfo Technologies Inc. 0.00%
178 LTCH Latch, Inc. 0.00%
179 IOT Samsara Inc. 0.00%
180 PAYC Paycom Software Inc. 0.00%
181 RHT Red Hat, Inc. 0.00%
182 SSNC SS&C Technologies Holdings Inc. 0.00%
183 VCSA Vacasa, Inc. 0.00%
184 GTYH GTY Technology Holdings Inc. 0.00%
185 ZETA Zeta Global Holdings Corp. 0.00%
186 NAP Navios Maritime Midstream Partners LP Common Units representing limited partner interests 0.00%
187 AWRE Aware, Inc. 0.00%
188 MNDY monday.com Ltd. 0.00%
189 CGNT Cognyte Software Ltd. 0.00%
190 TTD Trade Desk Inc. Cl A 0.00%
191 RSKD Riskified Ltd. 0.00%
192 PCTY Paylocity Holding Corporation 0.00%
193 STEM Stem Inc. 0.00%
194 VRME VerifyMe, Inc. 0.00%
195 AZPN Aspen Technology, Inc. 0.00%
196 FIVN Five9, Inc. 0.00%
197 SPT SPROUT SOCIAL, INC. 0.00%
198 BTRS BTRS Holdings Inc. 0.00%
199 HOOD Robinhood Markets, Inc. 0.00%
200 WORX SCWorx Corp. 0.00%
201 BILL Bill.com Holdings Inc. 0.00%
202 KXSCF Kinaxis Inc. 0.00%
203 DUOL Duolingo, Inc. 0.00%
204 PDFS PDF Solutions, Inc. 0.00%
205 LXFT Luxoft Holding, Inc. 0.00%
206 ARLO Arlo Technologies, Inc. 0.00%
207 PDVW pdvWireless, Inc. 0.00%
208 MSTR MicroStrategy Incorporated - 0.00%
209 FROG JFrog Ltd. 0.00%
210 MSRT Massroots Inc. 0.00%
211 ACTA Actua Corporation 0.00%
212 SUMO Sumo Logic Inc. 0.00%
213 ENJY Enjoy Technology, Inc. 0.00%
214 AEYE AudioEye, Inc. 0.00%
215 QUBT Quantum Computing Inc. 0.00%
216 AUUD Auddia Inc. 0.00%
217 DCT Duck Creek Technologies Inc. 0.00%
218 SURG SurgePays Inc. 0.00%
219 NTNX Nutanix, Inc. - 0.00%
220 DASTY Dassault Systemes SE ADR 0.00%
221 ADBE Adobe Inc. 0.00%
222 KC Kingsoft Cloud Holdings Ltd. ADR 0.00%
223 BCOV Brightcove Inc. 0.00%
224 WKME WalkMe Ltd. 0.00%
225 MDB MongoDB, Inc. - 0.00%
226 BSY Bentley Systems Inc. 0.00%
227 GSB GlobalSCAPE, Inc. 0.00%
228 INST Instructure Holdings Inc. 0.00%
229 NATI National Instruments Corporation 0.00%
230 GTLB Gitlab Inc. 0.00%
231 ADSK Autodesk Inc. 0.00%
232 OPFI OppFi Inc. 0.00%
233 AVDX AvidXchange Holdings, Inc. 0.00%
234 AMST Amesite Inc. 0.00%
235 TEAM Atlassian Corp. Cl A 0.00%

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

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