Magic Software Enterprises (Magic Software Enterprises) Dividend Yield % : 5.37% (As of May. 01, 2024)

View and export this data going back to 1991. Start your Free Trial

What is Magic Software Enterprises Dividend Yield %?

As of today (2024-05-01), the Trailing Annual Dividend Yield of Magic Software Enterprises is 5.37%.

The historical rank and industry rank for Magic Software Enterprises's Dividend Yield % or its related term are showing as below:

MGIC' s Dividend Yield % Range Over the Past 10 Years
Min: 1.43 Med: 2.99 Max: 10.74
Current: 5.37

During the past 13 years, the highest Dividend Yield of Magic Software Enterprises was 10.74%. The lowest was 1.43%. And the median was 2.99%.

MGIC's Dividend Yield % is ranked better than
91.05% of 939 companies
in the Software industry
Industry Median: 1.7 vs MGIC: 5.37

Magic Software Enterprises's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

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 0.64.

As of today (2024-05-01), the Forward Dividend Yield % of Magic Software Enterprises is 5.60%.

Magic Software Enterprises's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Magic Software Enterprises's average Dividends Per Share Growth Rate was -21.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 35.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 23.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.20% 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 17.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Magic Software Enterprises Dividend Yield % Historical Data

The historical data trend for Magic Software Enterprises's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Magic Software Enterprises Dividend Yield % Chart

Magic Software Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Yield %

Get a 7-Day Free Trial

3.13

1.63

2.12

3.22

6.46

Magic Software Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Yield %	Get a 7-Day Free Trial															3.22	3.72	4.39	5.62	6.46

Competitive Comparison of Magic Software Enterprises's Dividend Yield %

For the Information Technology Services subindustry, Magic Software Enterprises's Dividend Yield %, along with its competitors' market caps and 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 Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, Magic Software Enterprises's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Magic Software Enterprises's Dividend Yield % falls into.

Magic Software Enterprises Dividend Yield % Calculation

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 0.327000	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 Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield	=	Most Recent Full Year Dividend	/	Current Share Price
	=	0.327	/	11.71
	=	2.79 %

Current Share Price is $11.71.
Magic Software Enterprises's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.327.

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	/	11.71
	=	5.58 %

Current Share Price is $11.71.
Magic Software Enterprises's Dividends per Share for the forward twelve months is calculated as $0.327 * 2 = $0.654.

Magic Software Enterprises (NAS:MGIC) Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Magic Software Enterprises Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Magic Software Enterprises's 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

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magic Software Enterprises Ltd (NAS:MGIC) » Definitions » Dividend Yield %

Comparable Companies

Traded in Other Exchanges

MGIC:Israel MGK:Germany MGK:Germany

Address

Yahadut Canada 1 Street, Or Yehuda, Or Yehuda, ISR, 6037501

Website

https://www.magicsoftware.com

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.