Magic Software Enterprises Dividend
Dividend criteria checks 4/6
Magic Software Enterprises is a dividend paying company with a current yield of 4.35% that is well covered by earnings.
Key information
4.4%
Dividend yield
81%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.75 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGK's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGK's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Magic Software Enterprises Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (MGK) | 4.4% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Software) | 1.2% |
Analyst forecast in 3 Years (MGK) | n/a |
Notable Dividend: MGK's dividend (4.35%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: MGK's dividend (4.35%) is low compared to the top 25% of dividend payers in the German market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.8%), MGK's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.4%), MGK's dividend payments are well covered by cash flows.