What is the total return of MGIC over the past year?
Magic Software Enterprises Ltd. (MGIC) delivered a total return of 133.24% over the past year when dividends are reinvested. The price-only return was 123.17%, meaning dividends contributed an additional 10.07 percentage points to total returns.
How much would $10,000 invested in MGIC be worth today?
A $10,000 investment in Magic Software Enterprises Ltd. one year ago would be worth $23,324 today with dividends reinvested (DRIP). Without reinvesting dividends, the same investment would be worth $22,317. Dividend reinvestment added $1,007 to the portfolio value.
Does MGIC pay dividends?
Yes, Magic Software Enterprises Ltd. (MGIC) pays dividends. Over the past year, MGIC paid 3 dividends totaling $0.7740 per share. Reinvesting these dividends through a DRIP can significantly boost long-term returns.