Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
Magic Software Enterprises Dividend Announcement
• Magic Software Enterprises announced a semi annually dividend of $0.24 per ordinary share which will be made payable on 2025-01-08. Ex dividend date: 2024-12-23
• Magic Software Enterprises annual dividend for 2024 was $0.44
• Magic Software Enterprises annual dividend for 2023 was $0.63
• Magic Software Enterprises's trailing twelve-month (TTM) dividend yield is 1.59%
• Magic Software Enterprises's payout ratio for the trailing twelve months (TTM) is 29.14%
• Magic Software Enterprises's dividend growth over the last five years (2018-2023) was 17.08% year
• Magic Software Enterprises's dividend growth over the last ten years (2013-2023) was 11.56% year
Magic Software Enterprises Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-23 | $0.24 | semi annually | 2025-01-08 |
| 2024-06-27 | $0.20 | semi annually | 2024-07-11 |
| 2023-08-29 | $0.33 | semi annually | 2023-09-13 |
| 2023-04-06 | $0.30 | semi annually | 2023-04-20 |
| 2022-08-29 | $0.29 | semi annually | 2022-09-13 |
| 2022-03-23 | $0.22 | semi annually | 2022-04-07 |
| 2021-08-27 | $0.23 | semi annually | 2021-09-14 |
| 2021-03-24 | $0.21 | semi annually | 2021-04-07 |
| 2020-08-26 | $0.17 | semi annually | 2020-09-10 |
| 2020-06-08 | $0.08 | semi annually | 2020-06-25 |
| 2019-08-26 | $0.16 | semi annually | 2019-09-12 |
| 2019-03-13 | $0.15 | semi annually | 2019-03-27 |
| 2018-08-21 | $0.15 | semi annually | 2018-09-05 |
| 2018-03-12 | $0.13 | semi annually | 2018-03-26 |
| 2017-08-25 | $0.13 | semi annually | 2017-09-13 |
| 2017-03-16 | $0.09 | semi annually | 2017-04-05 |
| 2016-09-06 | $0.09 | semi annually | 2016-09-22 |
| 2016-02-29 | $0.09 | semi annually | 2016-03-17 |
| 2015-08-21 | $0.10 | semi annually | 2015-09-10 |
| 2015-02-23 | $0.08 | semi annually | 2015-03-11 |
| 2014-08-15 | $0.10 | semi annually | 2014-09-04 |
| 2014-02-25 | $0.12 | semi annually | 2014-03-14 |
| 2014-02-19 | $0.08 | semi annually | |
| 2013-08-19 | $0.09 | semi annually | 2013-09-03 |
| 2013-02-21 | $0.12 | semi annually | 2013-03-14 |
Magic Software Enterprises Dividend per year
Magic Software Enterprises Dividend growth
Magic Software Enterprises Dividend Yield
Magic Software Enterprises current trailing twelve-month (TTM) dividend yield is 1.59%. Interested in purchasing Magic Software Enterprises stock? Use our calculator to estimate your expected dividend yield:
Magic Software Enterprises Financial Ratios
P/E ratio18.17
PEG ratio0.18
P/B ratio2.26
ROE12.79%
Payout ratio29.14%
Current ratio1.76
Quick ratio1.76
Cash Ratio0.66
Magic Software Enterprises Dividend FAQ
How much is the next Magic Software Enterprises dividend?
Magic Software Enterprises's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Magic Software Enterprises dividend. The next Magic Software Enterprises dividend will be released in April, or August.
When is Magic Software Enterprises dividend paid?
Magic Software Enterprises pays dividends on a semi annually basis. The specific dates may vary each year but are generally around April, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Magic Software Enterprises pay?
The specific amount of Magic Software Enterprises dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magic Software Enterprises's dividend history.
Does Magic Software Enterprises stock pay dividends?
Yes, Magic Software Enterprises does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Magic Software Enterprises's dividend history.
How much dividend does Magic Software Enterprises pay?
Magic Software Enterprises paid $0.44 in 2024, $0.627 in 2023, $0.506 in 2022, $0.444 in 2021, and $0.255 in 2020.
How often does Magic Software Enterprises pay dividends?
Magic Software Enterprises typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around April, and August.
What is Magic Software Enterprises's dividend yield?
The current dividend yield for Magic Software Enterprises is 1.59%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Magic Software Enterprises's exact dividend yield.
When does Magic Software Enterprises go ex dividend?
Magic Software Enterprises's ex-dividend date for the latest dividend was on 2024-12-23. Magic Software Enterprises typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Magic Software Enterprises dividend paid?
Magic Software Enterprises pays dividends on a semi annually basis, typically around April, or August, but the exact dates can vary each year.
Will Magic Software Enterprises increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Magic Software Enterprises will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Magic Software Enterprises dividend per share?
Magic Software Enterprises paid $0.44 per share in 2024 and $0.627 per share in 2023. The amount of dividend per share that Magic Software Enterprises pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Magic Software Enterprises a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Magic Software Enterprises a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Magic Software Enterprises a dividend stock?
Yes, Magic Software Enterprises is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Magic Software Enterprises a good dividend stock?
Whether Magic Software Enterprises is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Magic Software Enterprises has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Magic Software Enterprises as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Magic Software Enterprises as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Magic Software Enterprises pay dividends monthly?
Magic Software Enterprises typically pays dividends on a semi annually basis.
Does Magic Software Enterprises pay dividends quarterly?
Magic Software Enterprises currently pays dividends on a semi annually basis.
Has Magic Software Enterprises ever paid a dividend?
Yes, Magic Software Enterprises has a history of paying dividends to its shareholders. Magic Software Enterprises is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Magic Software Enterprises dividend stocks?
To buy Magic Software Enterprises you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Magic Software Enterprises stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Magic Software Enterprises stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Magic Software Enterprises pay dividends 2024?
Magic Software Enterprises pays dividends on a semi annually basis. 2024 dividend payments are in 2025-01-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Magic Software Enterprises increase its dividend in 2024?
Decisions regarding Magic Software Enterprises dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Magic Software Enterprises dividend overview you can look into the above table of dividend history.
How Magic Software Enterprises dividend works?
The Magic Software Enterprises dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Magic Software Enterprises's dividend process works:
1. Determination of Dividend: Magic Software Enterprises's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Magic Software Enterprises publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Magic Software Enterprises distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Magic Software Enterprises are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Magic Software Enterprises's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Magic Software Enterprises publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Magic Software Enterprises distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Magic Software Enterprises are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Magic Software Enterprises dividends paid?
Magic Software Enterprises dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Magic Software Enterprises sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Magic Software Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Magic Software Enterprises declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Magic Software Enterprises sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Magic Software Enterprises distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Magic Software Enterprises declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Magic Software Enterprises pay dividends?
Magic Software Enterprises typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Magic Software Enterprises pay dividends?
The general pattern is that Magic Software Enterprises pays dividends around April, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Magic Software Enterprises dividend safe?
The safety of Magic Software Enterprises's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Magic Software Enterprises's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Magic Software Enterprises's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Magic Software Enterprises's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Magic Software Enterprises's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.