Magic Software Enterprises Dividends and Buybacks
Dividend criteria checks 4/6
Magic Software Enterprises is a dividend paying company with a current yield of 4.84% that is well covered by earnings.
Key information
4.8%
Dividend yield
-0.004%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | n/a |
| Dividend Growth | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₪0.531 |
| Payout ratio | 29% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MGIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: MGIC'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 (MGIC) | 4.8% |
| Market Bottom 25% (IL) | 2.3% |
| Market Top 25% (IL) | 6.2% |
| Industry Average (Software) | 0.9% |
| Analyst forecast (MGIC) (up to 3 years) | n/a |
Notable Dividend: MGIC's dividend (4.84%) is higher than the bottom 25% of dividend payers in the IL market (2.25%).
High Dividend: MGIC's dividend (4.84%) is low compared to the top 25% of dividend payers in the IL market (6.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.8%), MGIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), MGIC's dividend payments are covered by cash flows.