Magic Software Enterprises Ltd. (MGIC) Dividend History
Income profile from 2003 to 2025 with payout safety and yield-on-cost trend
MGIC Dividend Income Check
Safety
27.2% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 5.2% and trend is rising.
MGIC Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MGIC Income Growth Story
Dividend per share and yield on cost over time (16 years of payments)
MGIC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Magic Software Enterprises Ltd. distributes 27.2% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 15.5%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
MGIC has raised its dividend for 1 consecutive year, with a 3-year CAGR of 15.2% and 5-year CAGR of 24.9%.
Total Shareholder Returns
Beyond cash dividends, MGIC returns capital through share repurchases. The combined picture: 1.2% dividend yield, 1.2% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.2% and is currently rising. The 5-year total return is 24.4%, with dividends contributing 16.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,201 today.
MGIC Recent Dividend Payments
Last 20 payments · Quarterly
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Dec 15, 2025Latest | $0.1510 | ↓ -49.0% | 2.90% | Dec 30, 2025 |
| Oct 6, 2025 | $0.2960 | ↓ -9.5% | 4.17% | Oct 22, 2025 |
| Apr 22, 2025 | $0.3270 | ↑ +38.6% | 4.22% | May 7, 2025 |
| Dec 23, 2024 | $0.2360 | ↑ +15.7% | 3.72% | Jan 8, 2025 |
| Jun 27, 2024 | $0.2040 | ↓ -37.6% | 2.12% | Jul 11, 2024 |
| Aug 29, 2023 | $0.3270 | ↑ +9.0% | 5.39% | Sep 13, 2023 |
| Apr 6, 2023 | $0.3000 | ↑ +3.4% | 4.40% | Apr 20, 2023 |
| Aug 29, 2022 | $0.2900 | ↑ +34.3% | 2.91% | Sep 13, 2022 |
MGIC Dividend vs Peers
Comparable companies in the same industry
MGIC Annual Dividend History (1991–2025)
35 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2025 | $0.77 | 75.9% | 3 | — | — | — | 5.2% |
| 2024 | $0.44 | -29.8% | 2 | $0.75 | 58.7% | 1.70x | 2.9% |
| 2023 | $0.63 | 23.9% | 2 | $0.75 | 83.6% | 1.20x | 4.2% |
| 2022 | $0.51 | 14.0% | 2 | $0.82 | 61.7% | 1.62x | 3.4% |
| 2021 | $0.44 | 74.1% | 2 | $0.61 | 72.8% | 1.37x | 3.0% |
| 2020 | $0.26 | -16.7% | 2 | $0.49 | 52.0% | 1.92x | 1.7% |
| 2019 | $0.31 | 7.4% | 2 | $0.26 | 117.7% | 0.85x | 2.0% |
| 2018 | $0.29 | 32.6% | 2 | $0.39 | 73.1% | 1.37x | 1.9% |
| 2017 | $0.22 | 22.9% | 2 | $0.35 | 61.4% | 1.63x | 1.4% |
| 2016 | $0.17 | -0.6% | 2 | $0.27 | 64.8% | 1.54x | 1.2% |
See MGIC's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonMGIC — Frequently Asked Questions
Quick answers to the most common questions about buying MGIC stock.
How much dividend does MGIC pay per share?
Magic Software Enterprises Ltd. (MGIC) pays a trailing 12-month dividend of $0.20 per share, with a current dividend yield of +1.2%. Payments are made Quarterly.
When is MGIC's next ex-dividend date?
MGIC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MGIC typically pays dividends Quarterly.
Is MGIC's dividend safe?
MGIC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +27.2% and FCF payout ratio of +15.5%. The 1-year growth streak provides moderate confidence.
How many years has MGIC increased its dividend?
MGIC has 1 consecutive years of dividend growth. The 5-year dividend CAGR is +24.9%.
How often does MGIC pay dividends?
Magic Software Enterprises Ltd. pays dividends Quarterly. The trailing 12-month total is $0.20 per share. Dividend data on this page covers 22+ years from 2003 to 2025.
How much would $10,000 invested in MGIC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MGIC five years ago would be worth approximately $12,444 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MGIC's yield on cost for long-term holders?
MGIC's yield on cost — the current dividend divided by the original purchase price — is +5.2% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.2% market yield, thanks to consistent dividend growth.