Magic Software Enterprises's Dividends per Share for the
three
months ended in Sep. 2023 was $0.33.
The historical rank and industry rank for Magic Software Enterprises's 3-Year Dividend Growth Rate or its related term are showing as below:
MGIC'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -41.5 Med: 16.65 Max: 37.5
Current: 37.5
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magic Software Enterprises was 37.50% per year. The lowest was -41.50% per year. And the median was 16.65% per year.
MGIC's 3-Year Dividend Growth Rate is ranked better than 87.57% of 555
companies
in the Software industry
Industry Median: 14.2
vs MGIC: 37.50
During the past 12 months, Magic Software Enterprises's average Dividends Per Share Growth Rate was 81.20% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 37.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 24.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 15.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Magic Software Enterprises's Dividend Payout Ratio for the
three
months ended in Sep. 2023 was 1.56. As of today, Magic Software Enterprises's Dividend Yield % is 5.43%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Magic Software Enterprises Ltd is 0.89, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Information Technology Services subindustry, Magic Software Enterprises's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magic Software Enterprises 3-Year Dividend Growth Rate Distribution
For the Software industry and Technology sector, Magic Software Enterprises's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Magic Software Enterprises's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Magic Software Enterprises was 1.09. The lowest was 0.46. And the median was 0.62.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Magic Software Enterprises Ltd is 0.89, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Magic Software Enterprises Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.327
2023-08-29
2023-08-30
2023-09-13
Cash Dividend
semi-annually
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Magic Software Enterprises's Dividend Yield (%) for Today is calculated as
Current Share Price is $11.55.
Magic Software Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.327.
During the past 13 years, the highest Dividend Yield of Magic Software Enterprises was 10.91%. The lowest was 1.45%. And the median was 3.04%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Magic Software Enterprises 3-Year Dividend Growth Rate Related Terms>
Magic Software Enterprises (Magic Software Enterprises) Business Description
Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. IT Professional Services segment offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.
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