Magic Software Enterprises Dividend
Dividend criteria checks 4/6
Magic Software Enterprises is a dividend paying company with a current yield of 4.63% that is well covered by earnings.
Key information
4.6%
Dividend yield
81%
Payout ratio
| Industry average yield | 0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.75 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
The Bear's Case For Magic Software Enterprises
Apr 03Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality
Mar 20
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Mar 15Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Nov 10Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?
Oct 26Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327
Aug 28Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Jul 26Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?
Mar 15Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Nov 04Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt
Sep 01Magic Software goes ex-dividend on Monday
Aug 26Magic Software Q2 2022 Earnings Preview
Aug 10Magic Software Continues To Create Revenue Platforms In Resilient Industries
May 15Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22
Mar 05Magic's Growth Strengthens Asseco Case, But Receivables Are Bloating
Mar 03Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger
Feb 24Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?
Dec 28Magic Software Continues To Deliver Growth, But Consulting Model Exposed To Human Capital Risks
Dec 21Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?
Nov 03There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital
Oct 18Magic Software Enterprises: Benefits From Durable M&A, Digitalization And Logistics Strength
Sep 12Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease
Aug 13Magic Software EPS beats by $0.01, beats on revenue
May 10Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend
May 04At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?
Apr 12Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward
Mar 31Four Days Left To Buy Magic Software Enterprises Ltd. (NASDAQ:MGIC) Before The Ex-Dividend Date
Mar 19Do Its Financials Have Any Role To Play In Driving Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Stock Up Recently?
Mar 15Magic Software Enterprises (NASDAQ:MGIC) Has Gifted Shareholders With A Fantastic 162% Total Return On Their Investment
Mar 03Does Magic Software Enterprises' (NASDAQ:MGIC) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 19
Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?
Feb 08Should Magic Software Enterprises Ltd. (NASDAQ:MGIC) Be Part Of Your Dividend Portfolio?
Jan 26Stability 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) | 4.6% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Software) | 0.8% |
| Analyst forecast in 3 Years (MGIC) | n/a |
Notable Dividend: MGIC's dividend (4.63%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: MGIC's dividend (4.63%) is low compared to the top 25% of dividend payers in the US market (4.82%).
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.