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MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.

MGIC Investment Dividend Announcement

MGIC Investment announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-07
MGIC Investment annual dividend for 2024 was $0.49
MGIC Investment annual dividend for 2023 was $0.43
MGIC Investment's trailing twelve-month (TTM) dividend yield is 2.02%
MGIC Investment's payout ratio for the trailing twelve months (TTM) is 17.19%

MGIC Investment Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-07$0.13quarterly2024-11-21
2024-08-08$0.13quarterly2024-08-22
2024-05-08$0.12quarterly2024-05-21
2024-02-14$0.12quarterly2024-03-05
2023-11-08$0.12quarterly2023-11-28
2023-08-09$0.12quarterly2023-08-24
2023-05-10$0.10quarterly2023-05-25
2023-02-16$0.10quarterly2023-03-02
2022-11-09$0.10quarterly2022-11-23
2022-08-10$0.10quarterly2022-08-25
2022-05-11$0.08quarterly2022-05-26
2022-02-15$0.08quarterly2022-03-02
2021-11-09$0.08quarterly2021-11-23
2021-08-11$0.08quarterly2021-08-26
2021-05-12$0.06quarterly2021-05-27
2021-02-16$0.06quarterly2021-03-03
2020-11-09$0.06quarterly2020-11-25
2020-08-10$0.06quarterly2020-08-28
2020-05-08$0.06quarterly2020-05-29
2020-02-10$0.06quarterly2020-02-28
2019-11-07$0.06quarterly2019-11-25
2019-08-29$0.06quarterly2019-09-20
2008-08-06$0.03quarterly2008-09-02
2008-05-22$0.03quarterly2008-06-16
2008-02-06$0.03quarterly2008-03-03
2007-11-07$0.03quarterly2007-12-03
2007-08-09$0.25quarterly2007-09-04
2007-05-18$0.25quarterly2007-06-08
2007-02-08$0.25quarterly2007-03-01
2006-11-08$0.25quarterly2006-12-01
2006-08-09$0.25quarterly2006-09-01
2006-05-22$0.25quarterly2006-06-09
2006-02-08$0.25quarterly2006-03-01
2005-11-08$0.15quarterly2005-12-01
2005-08-10$0.15quarterly2005-09-01
2005-05-20$0.15quarterly2005-06-09
2005-02-08$0.07quarterly2005-03-01
2004-11-08$0.07quarterly2004-12-01
2004-08-10$0.07quarterly2004-09-01
2004-05-20$0.04quarterly2004-06-09
2004-02-09$0.04quarterly2004-03-01
2003-11-06$0.04quarterly2003-12-01
2003-08-06$0.03quarterly2003-09-02
2003-05-19$0.03quarterly2003-06-02
2003-02-06$0.03quarterly2003-03-03

MGIC Investment Dividend per year

MGIC Investment Dividend growth

MGIC Investment Dividend Yield

MGIC Investment current trailing twelve-month (TTM) dividend yield is 2.02%. Interested in purchasing MGIC Investment stock? Use our calculator to estimate your expected dividend yield:

MGIC Investment Financial Ratios

P/E ratio8.37
PEG ratio1.38
P/B ratio1.22
ROE14.81%
Payout ratio17.19%
Current ratio2.98
Quick ratio16.53
Cash Ratio0.63

MGIC Investment Dividend FAQ

How much is the next MGIC Investment dividend?
MGIC Investment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MGIC Investment dividend. The next MGIC Investment dividend will be released in February, May, August, or November.
When is MGIC Investment dividend paid?
MGIC Investment pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 MGIC Investment pay?
The specific amount of MGIC Investment 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 MGIC Investment's dividend history.
Does MGIC Investment stock pay dividends?
Yes, MGIC Investment 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 MGIC Investment's dividend history.
How much dividend does MGIC Investment pay?
MGIC Investment paid $0.49 in 2024, $0.43 in 2023, $0.36 in 2022, $0.28 in 2021, and $0.24 in 2020.
How often does MGIC Investment pay dividends?
MGIC Investment typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is MGIC Investment's dividend yield?
The current dividend yield for MGIC Investment is 2.02%. 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 MGIC Investment's exact dividend yield.
When does MGIC Investment go ex dividend?
MGIC Investment's ex-dividend date for the latest dividend was on 2024-11-07. MGIC Investment 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 MGIC Investment dividend paid?
MGIC Investment pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will MGIC Investment 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 MGIC Investment 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 MGIC Investment dividend per share?
MGIC Investment paid $0.49 per share in 2024 and $0.43 per share in 2023. The amount of dividend per share that MGIC Investment 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 MGIC Investment 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 MGIC Investment 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 MGIC Investment a dividend stock?
Yes, MGIC Investment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MGIC Investment a good dividend stock?
Whether MGIC Investment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MGIC Investment has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MGIC Investment 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 MGIC Investment pay dividends monthly?
MGIC Investment typically pays dividends on a quarterly basis.
Does MGIC Investment pay dividends quarterly?
MGIC Investment currently pays dividends on a quarterly basis.
Has MGIC Investment ever paid a dividend?
Yes, MGIC Investment has a history of paying dividends to its shareholders. MGIC Investment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MGIC Investment dividend stocks?
To buy MGIC Investment 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 MGIC Investment 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 MGIC Investment pay dividends 2024?
MGIC Investment pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-21. 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 MGIC Investment increase its dividend in 2024?
Decisions regarding MGIC Investment 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 MGIC Investment dividend overview you can look into the above table of dividend history.
How MGIC Investment dividend works?
The MGIC Investment 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 MGIC Investment's dividend process works:

1. Determination of Dividend: MGIC Investment'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, MGIC Investment 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, MGIC Investment 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 MGIC Investment 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 MGIC Investment dividends paid?
MGIC Investment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MGIC Investment 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, MGIC Investment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MGIC Investment 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 MGIC Investment pay dividends?
MGIC Investment typically pays dividends on a quarterly 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 MGIC Investment pay dividends?
The general pattern is that MGIC Investment pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MGIC Investment dividend safe?
The safety of MGIC Investment'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 MGIC Investment'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 MGIC Investment'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.