MGIC Dividend History & Analysis | 4.5% Yield

MGIC has a dividend yield of 4.5% and paid 0.77 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.45%

Payout Ratio 81.5%

Growth Rate CAGR 5y 14.91%

Consistency Lifetime 57.7%

Yield on Cost 5y 5.77%

Payout FCF 43.0%

Streak Years 14

Dividend Rating 56.57%

Dividends Cash Amount per Share Yearly

Dividend Growth Year over Year

5 Years Chart with Price and Dividend Yield

■ Yield (right) | ■ Price (left) | ┅ Avg Yield

Total Return 12m: 126.5%

Total Return 5y: 101%

Top Dividend Payers in Application Software

Top 5 Dividend Yields of Peer-Group

Symbol	Market Cap USD	Dividend Yield TTM	Yield on Cost 5y
OPRA	1,186 M	6.93%	12.1%
KARO	1,540 M	2.65%	4.13%
EVD	8,395 M	1.57%	3.59%
GEN	15,671 M	1.77%	2.63%
ADEA	2,116 M	1.48%	2.65%

Top 5 Dividend Growth Rates of Peer-Group

Symbol	Market Cap USD	Growth Rate	Consistency
TUYA	1,360 M	94.9%	100%
KARO	1,540 M	27.7%	100%
EVD	8,395 M	25.1%	78.4%
BSY	11,793 M	23.6%	99.2%
INTU	156,397 M	15.2%	98.9%

MGIC Dividend History: Last 31 Payments (USD) as of January 2026

Ex-Dividend Date	Record Date	Payment Date	Period	Dividend per Share	Dividend Growth Rate QoQ	Payout Yield
2025-12-15	2025-12-15	2025-12-30	Quarterly	0.151	-49%	0.56%
2025-10-06	2025-10-06	2025-10-22	Semiannual	0.296	-9.5%	1.43%
2025-04-22	2025-04-22	2025-05-07	Semiannual	0.327	38.6%	2.49%
2024-12-23	2024-12-23	2025-01-08	Semiannual	0.236	15.7%	2%
2024-06-27	2024-06-27	2024-07-13	Semiannual	0.204	-37.6%	2.12%
2023-08-29	2023-08-30	2023-09-13	Semiannual	0.327	9%	2.85%
2023-04-06	2023-04-10	2023-04-20	Semiannual	0.3	3.4%	2.23%
2022-08-29	2022-08-30	2022-09-13	Semiannual	0.29	34.3%	1.66%
2022-03-23	2022-03-24	2022-04-07	Semiannual	0.216	-7.7%	1.19%
2021-08-27	2021-08-30	2021-09-14	Semiannual	0.234	11.4%	1.15%
2021-03-24	2021-03-25	2021-04-07	Semiannual	0.21	20%	1.27%
2020-08-26	2020-08-27	2020-09-10	Semiannual	0.175	118.8%	N/A
2020-06-08	2020-06-09	2020-06-25	Other	0.08	-48.7%	N/A
2019-08-26	2019-08-27	2019-09-12	Semiannual	0.156	4%	N/A
2019-03-14	2019-03-14	2019-03-27	Semiannual	0.15	-3.2%	N/A
2018-08-21	2018-08-22	2018-09-05	Semiannual	0.155	19.2%	N/A
2018-03-12	2018-03-13	2018-03-26	Semiannual	0.13	0%	N/A
2017-08-25	2017-08-29	2017-09-13	Semiannual	0.13	52.9%	N/A
2017-03-16	2017-03-20	2017-04-05	Semiannual	0.085	0%	N/A
2016-09-06	2016-09-08	2016-09-22	Semiannual	0.085	-5.6%	N/A
2016-02-29	2016-03-02	2016-03-17	Semiannual	0.09	-5.3%	N/A
2015-08-21	2015-08-25	2015-09-10	Semiannual	0.095	17.3%	N/A
2015-02-19	2015-02-23	2015-03-11	Semiannual	0.081	-14.7%	N/A
2014-08-15	2014-08-19	2014-09-04		0.095	-20.8%	N/A
2014-02-25	2014-02-27	2014-03-14	Semiannual	0.12	48.1%	N/A
2014-02-19				0.081	-10%	N/A
2013-08-19	2013-08-21	2013-09-03	Semiannual	0.09	-25%	N/A
2013-02-21	2013-02-25	2013-03-14	Semiannual	0.12	20%	N/A
2012-09-28	2012-10-02	2012-10-17	Quarterly	0.1	-80%	N/A
2010-01-07	2010-01-11	2010-01-25	Quarterly	0.5	25%	N/A
2003-02-11		2003-02-24	Other	0.4	0%	N/A

MGIC Dividend FAQ

Magic Software Enterprises Ltd. (NASDAQ:MGIC) delivers proprietary application development tools, vertical software solutions, and IT outsourcing services worldwide through two operating segments: Software Services, which sells platforms such as Magic xpa, AppBuilder, and Magic xpi, and IT Professional Services, which provides infrastructure design, application development, and managed-services consulting. Its portfolio also includes industry-specific SaaS products like Clicks (healthcare EMR) and Hermes Cargo (air-cargo handling).

What is the Dividend Yield of MGIC?

As of January 2026, MGIC`s dividend yield is 4.45%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.77 USD by the current share price of 26.95.

Does MGIC pay a dividend?

As of January 2026, MGIC paid a dividend of 0.77 USD in the last 12 months. The last dividend was paid on 2025-12-15 and the payout was 0.151 USD.

How often does MGIC pay dividends?

MGIC pays dividends quarterly. Over the last 12 months, MGIC has issued 3 dividend payments. The last dividend payment was made on 2025-12-15.

MGIC dividend forecast

Based on historical data, the forecasted dividends per share for MGIC for the next 4 payments are between 0.16 (+6.0%) and 0.26 (+72.2%).
This represents a strong dividend growth compared to the last payment.

Will MGIC pay dividends in 2026?

The latest dividend paid per share was 0.151 USD with an Ex-Dividend Date of 2025-12-15. The next Ex-Dividend date for Magic Software (MGIC) is currently unknown.

What is the next Ex-Dividend Date for MGIC?

The next Ex-Dividend date for Magic Software (MGIC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MGIC?

MGIC's average dividend growth rate over the past 5 years is 14.9% per year.
Strong growth: MGIC's Dividend growth is outpacing inflation.

What is the Yield on Cost of MGIC?

MGIC's 5-Year Yield on Cost is 5.77%. If you bought MGIC's shares at 13.41 USD five years ago, your current annual dividend income (0.77 USD per share, trailing 12 months) equals 5.77% of your original purchase price.

What is the Payout Consistency of MGIC?

MGIC Payout Consistency is 57.7%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very unstable: Magic Software has a poor track record of dividend payments over its lifetime.

Does MGIC have a good Dividend Yield?

MGIC`s 4.45% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of MGIC?

The Dividend Payout Ratio of MGIC is 81.5%. High - Check if earnings are stable and growing; otherwise, dividends might not be sustainable.

What is the Dividend Rating of MGIC?

MGIC`s Overall Dividend Rating is 56.57%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MGIC Outstanding Shares Analysis

What is the Trend in MGIC's Outstanding Shares?

Magic Software's outstanding shares have decreased by approximately 0% annually over the past 3 years (Trend Reliability: 0.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has MGIC ever had a Stock Split?

Yes, the last stock split was on Feb 14, 2000 with a ratio of 3:1.

This was a forward split: Each share became 3 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year	Number of Shares	Annual Growth Rate
2011	37,000,000
2012	37,000,000
2013	37,000,000
2014	43,000,000	+16.22%
2015	44,000,000	+2.33%
2016	45,000,000	+2.27%
2017	45,000,000
2018	47,000,000	+4.44%
2019	49,000,000	+4.26%
2020	49,000,000
2021	49,000,000
2022	49,000,000
2023	49,000,000
2024	49,000,000

Key Metric Definitions

Dividend Yield: Annual dividend per share divided by current share price.
Payout Ratio: Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF: Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR): Compound annual growth rate of dividends over the last 5 years.
Consistency: Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost: Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak: Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating: Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-01-25 02:16