MTG
NYSE · Financial Services
Mgic Investment Corp
$29.45
-0.24 (-0.81%)
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$29.45
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 $29.45/share
Monthly
$16.00
Quarterly
$48.00
Annually
$192.01
339 shares
Based on current price of $29.45 per share
To earn $100/month in dividends
You would need 2,119 shares
$62,404.55
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 | 2.58% | $45.88 | 28.6% | $23.42 |
| IDCBY | 4.17% | $0.37 | 35.9% | $19.09 |
| ACGBY | 3.53% | $0.36 | 43.1% | $20.00 |
| BACHY | 3.92% | $0.46 | 58.9% | $18.97 |
| V | 0.82% | $2.39 | 23.1% | $369.95 |
| MA | 0.55% | $3.05 | 18.4% | $567.65 |
| MS | 4.32% | $4.13 | 39.1% | $206.12 |
| CBAUF | 2.78% | $4.75 | 78.6% | $111.08 |
| GS | 3.24% | $17.38 | 30.7% | $959.39 |
| HSBC | 4.14% | $0.77 | 60.5% | $101.83 |