MGIC Investment Dividend
Dividend criteria checks 3/6
MGIC Investment is a dividend paying company with a current yield of 2.35% that is well covered by earnings.
Key information
2.3%
Dividend yield
17%
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 | US$2.64 |
| Dividend yield forecast in 3Y | 3.2% |
Recent dividend updates
Recent updates
Here's What Analysts Are Forecasting For MGIC Investment Corporation (NYSE:MTG) After Its Yearly Results
Feb 24
Buy 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 01MGIC: Mortgage Insurer Gets The Excess Cash Flowing
Oct 31MGIC Investment (NYSE:MTG) Will Pay A Larger Dividend Than Last Year At US$0.08
Aug 05Mortgage Insurer MGIC: The Anti-Ape Cash Machine. When You're Ready For Earnings
Jun 13MGIC Investment delinquent loan inventory fell ~6% in May
Jun 07MGIC Investment Corporation 2021 Q1 - Results - Earnings Call Presentation
May 06Who Has Been Buying MGIC Investment Corporation (NYSE:MTG) Shares?
Mar 18MGIC Investment Corporation (NYSE:MTG) Passed Our Checks, And It's About To Pay A US$0.06 Dividend
Feb 11Anxious About Bubble? Consider Buying $1.00 Of MGIC For $0.64
Jan 29Stability 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) | 2.3% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Diversified Financial) | 1.0% |
| Analyst forecast in 3 Years (MTG) | 3.2% |
Notable Dividend: MTG's dividend (2.35%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: MTG's dividend (2.35%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.1%), MTG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.4%), MTG's dividend payments are well covered by cash flows.