Magic Software Enterprises Ltd.

NasdaqGS:MGIC Stock Report

Market Cap: US$536.2m

Magic Software Enterprises Dividends and Buybacks

Dividend criteria checks 5/6

Magic Software Enterprises is a dividend paying company with a current yield of 4.83% that is well covered by earnings. Next payment date is on 8th January, 2025 with an ex-dividend date of 23rd December, 2024.

Key information

4.8%

Dividend yield

-0.004%

Buyback Yield

Total Shareholder Yield4.8%
Future Dividend Yieldn/a
Dividend Growth3.9%
Next dividend pay date08 Jan 25
Ex dividend date23 Dec 24
Dividend per shareUS$0.531
Payout ratio62%

Recent dividend and buyback updates

Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Aug 28
Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Recent updates

Magic Software Enterprises Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 20
Magic Software Enterprises Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Magic Software: Near-Term Alpha, Long-Term Underperformance

Jul 05

The Bear's Case For Magic Software Enterprises

Apr 03

Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality

Mar 20
Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality

Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Mar 15
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Nov 10
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?

Oct 26
Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?

Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Aug 28
Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327

Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Jul 26
Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Mar 15
Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Nov 04
Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?

Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt

Sep 01
Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt

Magic Software goes ex-dividend on Monday

Aug 26

Magic Software Q2 2022 Earnings Preview

Aug 10

Magic Software Continues To Create Revenue Platforms In Resilient Industries

May 15

Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22

Mar 05
Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22

Magic's Growth Strengthens Asseco Case, But Receivables Are Bloating

Mar 03

Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger

Feb 24
Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger

Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?

Dec 28
Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?

Magic Software Continues To Deliver Growth, But Consulting Model Exposed To Human Capital Risks

Dec 21

Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

Nov 03
Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?

There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital

Oct 18
There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital

Magic Software Enterprises: Benefits From Durable M&A, Digitalization And Logistics Strength

Sep 12

Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 15
Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year

We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease

Aug 13
We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease

Magic Software EPS beats by $0.01, beats on revenue

May 10

Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend

May 04
Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend

At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?

Apr 12
At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?

Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward

Mar 31
Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward

Upcoming Dividend Payment

TodayNov 22 2024Ex Dividend DateDec 23 2024Dividend Pay DateJan 08 202516 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

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
How does MGIC dividend yield compare to the market?
SegmentDividend Yield
Company (MGIC)4.8%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Software)0.8%
Analyst forecast (MGIC) (up to 3 years)n/a

Notable Dividend: MGIC's dividend (4.83%) is higher than the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: MGIC's dividend (4.83%) is in the top 25% of dividend payers in the US market (4.32%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (62.2%), MGIC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (54.6%), MGIC's dividend payments are covered by cash flows.


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