Mgic Investment (MTG) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $0.62
- Forward yield
- 2.27%
- Payout ratio
- 19.3%
- Growth streak
- 5 years
MGIC pays a quarterly dividend of $0.17 per share. Its most recent payment had an ex-date of August 5, 2026 and was paid on August 20, 2026. Over the trailing twelve months, it paid $0.62 per share, a yield of about 2.28% at a share price of $27.22.
The record shows a steady annual rhythm. MGIC has raised its dividend once a year, each time with the payment that goes ex-dividend in August. The rate went from $0.08 to $0.10 in 2022, then to $0.12 in 2023, $0.13 in 2024, $0.15 in 2025 and $0.17 in 2026. The raises were one or two cents, or roughly 8.3% to 25%. Since late 2021, the quarterly rate has more than doubled, up about 112%. Payments by calendar year rose from $0.36 in 2022 to $0.44 in 2023, $0.50 in 2024 and $0.56 in 2025. The company has now increased its dividend for five consecutive years.
Ex-dates fall in February, May, August and November, with payment about two weeks later. If the pattern holds, the next payment would go ex-dividend in early November 2026 and be paid around November 20. Past raises have come with the August payment, not the November one.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 23, 2026 | Aug 5, 2026 | Aug 20, 2026 | $0.17 |
| Apr 23, 2026 | May 6, 2026 | May 21, 2026 | $0.15 |
| Jan 27, 2026 | Feb 17, 2026 | Mar 6, 2026 | $0.15 |
| Oct 23, 2025 | Nov 6, 2025 | Nov 20, 2025 | $0.15 |
| Jul 24, 2025 | Aug 7, 2025 | Aug 21, 2025 | $0.15 |
| Apr 24, 2025 | May 8, 2025 | May 21, 2025 | $0.13 |
| Jan 28, 2025 | Feb 18, 2025 | Mar 5, 2025 | $0.13 |
| Oct 24, 2024 | Nov 7, 2024 | Nov 21, 2024 | $0.13 |
| Jul 25, 2024 | Aug 8, 2024 | Aug 22, 2024 | $0.13 |
| Apr 25, 2024 | May 8, 2024 | May 21, 2024 | $0.12 |
| Jan 23, 2024 | Feb 14, 2024 | Mar 5, 2024 | $0.12 |
| Oct 26, 2023 | Nov 8, 2023 | Nov 28, 2023 | $0.12 |
| Jul 27, 2023 | Aug 9, 2023 | Aug 24, 2023 | $0.12 |
| Apr 27, 2023 | May 10, 2023 | May 25, 2023 | $0.10 |
| Jan 24, 2023 | Feb 16, 2023 | Mar 2, 2023 | $0.10 |
| Oct 27, 2022 | Nov 9, 2022 | Nov 23, 2022 | $0.10 |
| Jul 28, 2022 | Aug 10, 2022 | Aug 25, 2022 | $0.10 |
| Apr 28, 2022 | May 11, 2022 | May 26, 2022 | $0.08 |
| Jan 25, 2022 | Feb 15, 2022 | Mar 2, 2022 | $0.08 |
| Oct 28, 2021 | Nov 9, 2021 | Nov 23, 2021 | $0.08 |
Frequently asked questions
Does Mgic Investment (MTG) pay a dividend?
Yes. Mgic Investment pays a quarterly dividend; the most recent payment was $0.17 per share.
What is MTG's dividend yield?
Mgic Investment paid $0.62 per share over the trailing twelve months, a yield of 2.27% at the last price of $27.29. Click here to learn more
When is MTG's most recent ex-dividend date?
Mgic Investment's most recent ex-dividend date is Aug 5, 2026, payable on Aug 20, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MTG been raising its dividend?
Yes — Mgic Investment has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.