What is Magic Software Enterprises Forward Dividend Yield %?
As of today (2024-04-25), the Forward Annual Dividend Yield of Magic Software Enterprises is 5.68%.
As of today (2024-04-25), the Trailing Annual Dividend Yield of Magic Software Enterprises is 5.45%.
MGIC's Forward Dividend Yield % is ranked better than 89.24% of 939
companies
in the Software industry
Industry Median: 2
vs MGIC: 5.68
Magic Software Enterprises's Dividends per Share for the
three
months ended in Sep. 2023 was $0.33.
During the past 12 months, Magic Software Enterprises's average Dividends Per Share Growth Rate was 81.30% 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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison of Magic Software Enterprises's Forward Dividend Yield %
For the Information Technology Services subindustry, Magic Software Enterprises's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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's Forward Dividend Yield % Distribution in the Software Industry
For the Software industry and Technology sector, Magic Software Enterprises's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Magic Software Enterprises's Forward Dividend Yield % falls into.
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 Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.654
/
11.5001
=
5.69 %
Current Share Price is $11.5001.
Magic Software Enterprises's Dividends per Share for the forward twelve months is calculated as $0.327 * 2 = $0.654.
Magic Software Enterprises's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.327
/
11.5001
=
2.84 %
Current Share Price is $11.5001.
Magic Software Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.327.
* 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.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Magic Software Enterprises Forward Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Magic Software Enterprises's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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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