MTG
MTG
NYSE · Financial Services

Mgic Investment Corp

$29.40
+0.27 (+0.93%)
Dividend Overview
2.60%
Dividend Yield
+1.30% vs S&P 500 avg
$0.57
Annual Dividend
Per Payment$0.14
Frequencyquarterly
Payout Ratio17.9%
Ex-Dividend—
Pay Date—
Stock Price$29.40
Yield on Cost If you bought at that price, what would your yield be today?
Dividend Income Calculator
If you invest $10,000 in MTG at $29.40/share
Monthly
$16.05
Quarterly
$48.14
Annually
$192.58
340 shares Based on current price of $29.40 per share
To earn $100/month in dividends
You would need 2,119 shares
$62,298.60
investment needed
Dividend Safety
Safe 17.9% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Financial Services
Stock Yield Annual Div Payout Ratio Price
MUFG
Mitsubishi UFJ Financial Group
2.58% $45.88 28.6% $20.99
IDCBY
Industrial & Commercial Bank of China
4.17% $0.37 35.9% $20.16
ACGBY
Agricultural Bank of China
3.53% $0.36 43.1% $21.77
BACHY
Bank of China Limited
3.92% $0.46 58.9% $19.23
V
Visa Inc
0.82% $5.07 23.1% $423.26
MA
Mastercard Inc
0.55% $3.05 18.4% $657.69
CBAUF
Commonwealth Bank of Australia
2.78% $4.75 78.6% $106.54
MS
Morgan Stanley
4.32% $4.13 39.1% $183.82
GS
Goldman Sachs Group
3.24% $17.38 30.7% $876.88
HSBC
HSBC Holdings plc
4.14% $0.77 60.5% $88.06