TextMagic Dividends and Buybacks
Dividend criteria checks 2/6
TextMagic is a dividend paying company with a current yield of 16.95%.
Key information
17.0%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.590 |
| Payout ratio | n/a |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MAGIC's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MAGIC's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| TextMagic Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MAGIC) | 17.0% |
| Market Bottom 25% (EE) | 4.0% |
| Market Top 25% (EE) | 6.9% |
| Industry Average (Software) | 1.0% |
| Analyst forecast (MAGIC) (up to 3 years) | n/a |
Notable Dividend: MAGIC's dividend (16.95%) is higher than the bottom 25% of dividend payers in the EE market (4.02%).
High Dividend: MAGIC's dividend (16.95%) is in the top 25% of dividend payers in the EE market (6.89%)
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate MAGIC's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (161.6%), MAGIC's dividend payments are not well covered by cash flows.