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      MGIC Dividend Yield, History, and Stock Split

      Magic Software Enterprises Ltd.



      -0.17 (-1.52%)

      Open: 9:55 AM


      Frequently Asked Questions


      Is Magic Software Enterprises Ltd. (MGIC) a dividend paying company?

      In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Magic Software Enterprises Ltd. is also among the companies that regularly pay dividends.


      What is MGIC's dividend yield?

      Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MGIC's annual dividend yield for the trailing 12 months is 5.61%.


      When did MGIC last pay a dividend?

      MGIC last paid dividends on Sep. 12, 2023, with the ex-dividend date being Aug. 28, 2023.


      When was the last time MGIC stock split?

      MGIC stock split took place on Feb. 14, 2000.


      How did MGIC's stock split work?

      Its last split took place on Feb. 14, 2000, when Magic Software Enterprises Ltd. went through a 3 : 1 split leaving the shareholder with 3 share(s) who previously owned 1 MGIC share(s).