MGIC Investment Dividends and Buybacks
Dividend criteria checks 3/6
MGIC Investment is a dividend paying company with a current yield of 2.2% that is well covered by earnings.
Key information
2.2%
Dividend yield
8.6%
Buyback Yield
| Total Shareholder Yield | 10.8% |
| Future Dividend Yield | 2.6% |
| Dividend Growth | 0.7% |
| 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
Do MGIC Investment's (NYSE:MTG) Earnings Warrant Your Attention?
Dec 12
MGIC Investment Corporation Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
Nov 07MGIC 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 26Buy MGIC: Ramping Up The Cash To Investors
Nov 02MGIC Investment May Be An Attractive Play On A Resilient Housing Market
Oct 16Buy MGIC: This Time Mortgage Credit Really Is Different
Aug 16Buy Housing Stock MGIC, Sell Redfin, Seriously Skewed Valuations
Jul 12MGIC's Recent Rally Reduces Upside, But The Stock Remains A 'Buy'
Jun 25MGIC 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 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 07Stability 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) | 2.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Diversified Financial) | 1.0% |
| Analyst forecast (MTG) (up to 3 years) | 2.6% |
Notable Dividend: MTG's dividend (2.2%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: MTG's dividend (2.2%) is low compared to the top 25% of dividend payers in the US market (4.48%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 19:22 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
MGIC Investment Corporation is covered by 18 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Terry Ma | Barclays |
| Mihir Bhatia | BofA Global Research |