MGIC Investment Dividends and Buybacks
Dividend criteria checks 3/6
MGIC Investment is a dividend paying company with a current yield of 1.99% that is well covered by earnings.
Key information
2.0%
Dividend yield
7.7%
Buyback Yield
| Total Shareholder Yield | 9.7% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.520 |
| Payout ratio | 17% |
Recent dividend and buyback updates
Recent updates
MGIC Investment Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
Nov 07
MGIC Investment Q3: Home Prices Limit Potential Losses, But Hold Due To Valuation Concerns
Nov 05Lacklustre Performance Is Driving MGIC Investment Corporation's (NYSE:MTG) Low P/E
Sep 26MGIC Investment: Limited Upside Given Earnings Are Likely Peaking
Jul 09MGIC Investment Corporation's (NYSE:MTG) Earnings Are Not Doing Enough For Some Investors
Jun 26MGIC Investment Corporation (NYSE:MTG) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 04Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results
Feb 24Buy MGIC - Slow, Steady And Still Cheap
Feb 04Home Mortgage Industry Arbitrage - Buy MGIC, Sell Rocket
Dec 26Benign Growth For MGIC Investment Corporation (NYSE:MTG) Underpins Its Share Price
Dec 26Buy MGIC: Ramping Up The Cash To Investors
Nov 02MGIC Investment May Be An Attractive Play On A Resilient Housing Market
Oct 16Is Now The Time To Put MGIC Investment (NYSE:MTG) On Your Watchlist?
Sep 26Buy MGIC: This Time Mortgage Credit Really Is Different
Aug 16MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.115
Jul 31Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations
Jul 12MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'
Jun 25We Ran A Stock Scan For Earnings Growth And MGIC Investment (NYSE:MTG) Passed With Ease
Jun 09Here's Why We Think MGIC Investment (NYSE:MTG) Might Deserve Your Attention Today
Feb 22MGIC Investment Q4 2022 Earnings Preview
Jan 31MGIC Investment declares $0.10 dividend
Jan 24MGIC Investment Corporation: Strong Buy At 84% Of Book Value
Jan 09Buy MGIC: Capital-Light Strategy Meets A Housing-Light USA
Nov 08MGIC Investment declares $0.10 dividend
Oct 27MGIC: Yes, Housing Stinks, But Buy This Home Mortgage Insurer
Oct 08MGIC Investment's (NYSE:MTG) Dividend Will Be Increased To $0.10
Aug 01MGIC Investment declares raises dividend by 25% to $0.10
Jul 28Buy MGIC, Or Are Investors Right That You Could Lose Your House?
Jun 15MGIC: Buy This Housing Stock. Let MGIC's Facts Replace Housing Fears
May 08Buy MGIC If Selling At Half Of Liquidation Value Seems Cheap To You
Apr 11MGIC Investment: Sorting Out This Mortgage Insurer's Strategic Endgame
Feb 07MGIC Investment's (NYSE:MTG) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MTG has been paying a dividend for less than 10 years.
Growing Dividend: MTG's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| MGIC Investment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MTG) | 2.0% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Diversified Financial) | 0.9% |
| Analyst forecast (MTG) (up to 3 years) | 2.3% |
Notable Dividend: MTG's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: MTG's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (4.2%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (16.7%), MTG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), MTG's dividend payments are well covered by cash flows.