MGIC Investment Corporation Dividend
MGIC Investment Corporation Dividend history 25 years & estimates 2024 to 2026
Dividend Analysis of the MGIC Investment Corporation Stock
| Current dividend yield | 6.8 % |
| Dividendenrendite 5 Jahre | 5.85 % |
| Dividend Yield 10Y | 7.92 % |
| Payout 3Y | 5.69 % |
When does MGIC Investment Corporation pay a dividend?
The MGIC Investment Corporation stock dividend is paid 4 times a year. In order to receive a dividend, you should generally own the MGIC Investment Corporation stock before the ex-dividend date. The Dividend Calendar shows that the last ex-day dates were February, May, August and November . Dividends from MGIC Investment Corporation are distributed via March, May, August and November.
| Year | Dividend | Ex-day & Payday |
Frequency | |
|---|---|---|---|---|
| Fiscal Year | Dividend per Share | Ex-Day | Payday | Payment frequency |
| 2024 |
$0.13
$0.13
|
Aug 08 2024
Aug 08 2024
Aug 22 2024
Aug 08 24
Aug 22 24 |
Aug 22 2024 |
quarterly
quarterly
|
| 2024 |
$0.115
$0.12
|
May 08 2024
May 08 2024
May 21 2024
May 08 24
May 21 24 |
May 21 2024 |
quarterly
quarterly
|
| 2024 |
$0.115
$0.12
|
Feb 14 2024
Feb 14 2024
Mar 05 2024
Feb 14 24
Mar 05 24 |
Mar 05 2024 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Nov 08 2023
Nov 08 2023
Nov 28 2023
Nov 08 23
Nov 28 23 |
Nov 28 2023 |
quarterly
quarterly
|
| 2023 |
$0.115
$0.12
|
Aug 09 2023
Aug 09 2023
Aug 24 2023
Aug 09 23
Aug 24 23 |
Aug 24 2023 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
May 10 2023
May 10 2023
May 25 2023
May 10 23
May 25 23 |
May 25 2023 |
quarterly
quarterly
|
| 2023 |
$0.1
$0.1
|
Feb 16 2023
Feb 16 2023
Mar 02 2023
Feb 16 23
Mar 02 23 |
Mar 02 2023 |
quarterly
quarterly
|
| 2022 |
$0.1
$0.1
|
Nov 09 2022
Nov 09 2022
Nov 23 2022
Nov 09 22
Nov 23 22 |
Nov 23 2022 |
quarterly
quarterly
|
| 2022 |
$0.1
$0.1
|
Aug 10 2022
Aug 10 2022
Aug 25 2022
Aug 10 22
Aug 25 22 |
Aug 25 2022 |
quarterly
quarterly
|
| 2022 |
$0.08
$0.08
|
May 11 2022
May 11 2022
May 26 2022
May 11 22
May 26 22 |
May 26 2022 |
quarterly
quarterly
|
How much dividend does MGIC Investment Corporation pay?
MGIC Investment Corporation most recently paid a dividend of $0.13. MGIC Investment Corporation paid a Dividend of $0.43 Per Share in the financial year 2023. With a stock price of $24.91 at Sep 06 2024, the current dividend yield is 1.73% (calculation: $0.43 / $24.91 = 1.73%). No special dividend was paid.
What is the MGIC Investment Corporation Dividend Yield and payout ratio?
The average MGIC Investment Corporation dividend yield over the last 5 years is 2.14% and the average over the last 10 years is 1.22%.
The payout ratio of MGIC Investment Corporation in relation to the last financial year is 17.27%. The payout ratio smoothed over 3 years is 15.01%. The calculation is based on the sum of all dividend payments divided by the cumulative earnings per share(EPS).
| Metric | MGIC Investment Corporation |
|---|---|
| Current dividend yield | 1.73% |
| Dividend Yield 5Y | 2.14% |
| Dividend Yield 10Y | 1.22% |
| Payout 1Y | 17.27% |
| Payout 3Y | 15.01% |
Is the MGIC Investment Corporation dividend safe? Continuity & Dividend Growth
Is the MGIC Investment Corporation dividend safe?
MGIC Investment Corporation has been paying a dividend for 5 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
The Dividend Growth in relation to the previous financial year amounts to 19.44%.
| Metric | MGIC Investment Corporation |
|---|---|
| Increased | 5 Years |
| Continuity | 5 Years |
| Paid | 5 Years |
| Growth 1Y | 19.44% |
Continuity
MGIC Investment Corporation has been paying a dividend for 5 years and has not lowered the dividend for 5 years (dividend continuity). As a result, the dividend was recently increased 5-times.
Dividend Growth
The Dividend Growth in relation to the previous financial year amounts to 19.44%.
MGIC Investment Corporation Stock Forecast 2024
On the stock exchange, the MGIC Investment Corporation stock (ISIN: US5528481030) is not traded as a top scorer in September 2024 according to the dividend strategy.
The stock price of MGIC Investment Corporation 29.13% has risen since the beginning of the year 2024. However, the return generated in the past says nothing about the future return. You can find the MGIC Investment Corporation stock price in real time at the top of the page.
MGIC Investment Corporation (symbol: MTG) is valued at a Price / Earnings Ratio (P/E ratio) of 9.21 and a price/sales ratio (P/S ratio) of 5.47 valued. Based on analyst estimates, the MGIC Investment Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 9.19 according to P/E ratio and 5.31 according to P/S.
| Metric | MGIC Investment Corporation |
|---|---|
| Dividend Score | ??/15 |
| Performance 2024 |
29.13%
|
| P/E TTM | 9.21 |
| P/S TTM | 5.47 |
| P/E forward | 9.19 |
| P/S forward | 5.31 |
MGIC Investment Corporation (symbol: MTG) is valued at a Price / Earnings Ratio (P/E ratio) of 9.21 and a price/sales ratio (P/S ratio) of 5.47 valued. Based on analyst estimates, the MGIC Investment Corporation stock forecast 2024 of the current financial year corresponds to a valuation of 9.19 according to P/E ratio and 5.31 according to P/S.
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