Magic Software Enterprises Dividend
Dividend criteria checks 4/6
Magic Software Enterprises is a dividend paying company with a current yield of 4.68% that is well covered by earnings.
Key information
4.7%
Dividend yield
81%
Payout ratio
Industry average yield | 1.0% |
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: 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) | 4.7% |
Market Bottom 25% (IL) | 2.4% |
Market Top 25% (IL) | 6.9% |
Industry Average (Software) | 1.0% |
Analyst forecast in 3 Years (MGIC) | n/a |
Notable Dividend: MGIC's dividend (4.68%) is higher than the bottom 25% of dividend payers in the IL market (2.39%).
High Dividend: MGIC's dividend (4.68%) is low compared to the top 25% of dividend payers in the IL market (6.9%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.8%), MGIC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.4%), MGIC's dividend payments are well covered by cash flows.