GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MGIC Investment Corp (NYSE:MTG) » Definitions » Forward Dividend Yield %

MTG (MGIC Investment) Forward Dividend Yield % : 2.08% (As of Oct. 31, 2024)


View and export this data going back to 1991. Start your Free Trial

What is MGIC Investment Forward Dividend Yield %?

As of today (2024-10-31), the Forward Annual Dividend Yield of MGIC Investment is 2.08%.

As of today (2024-10-31), the Trailing Annual Dividend Yield of MGIC Investment is 1.90%.

MTG's Forward Dividend Yield % is ranked worse than
78.75% of 400 companies
in the Insurance industry
Industry Median: 3.995 vs MTG: 2.08

MGIC Investment's Dividends per Share for the three months ended in Jun. 2024 was $0.12.

During the past 12 months, MGIC Investment's average Dividends Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 21.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of MGIC Investment was 106.80% per year. The lowest was -47.70% per year. And the median was 17.05% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of MGIC Investment's Forward Dividend Yield %

For the Insurance - Specialty subindustry, MGIC Investment's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MGIC Investment's Forward Dividend Yield % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, MGIC Investment's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where MGIC Investment's Forward Dividend Yield % falls into.



MGIC Investment Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

MGIC Investment Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1300002024-08-082024-08-082024-08-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002024-05-082024-05-092024-05-21Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002024-02-142024-02-152024-03-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.1150002023-11-082023-11-092023-11-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

MGIC Investment's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.52/25.04
=2.08 %

Current Share Price is $25.04.
MGIC Investment's Dividends per Share for the forward twelve months is calculated as $0.13 * 4 = $0.52.

MGIC Investment's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.475/25.04
=1.90 %

Current Share Price is $25.04.
MGIC Investment's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.475.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MGIC Investment  (NYSE:MTG) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


MGIC Investment Forward Dividend Yield % Related Terms

Thank you for viewing the detailed overview of MGIC Investment's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


MGIC Investment Business Description

Traded in Other Exchanges
Address
250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202
MGIC Investment Corp provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The insurance premiums that these customers pay for the protection accounts for close to majority of the company's total revenue. Investment income accounts for the remaining revenue. The company sells its insurance products in all 50 states of the United States and in Puerto Rico. Its greatest exposure is in California, Florida, Texas, Pennsylvania, Ohio, Illinois, Virginia, North Carolina, Georgia and New York.
Executives
Michael Leal Thompson director 4 BRIDGET COURT, BURR RIDGE IL 60527
Analisa M Allen director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Teresita M. Lowman director 2235 ENTERPRISE STREET #110, ESCONDIDO CA 92029
Jodee A Kozlak director 1000 NICOLLET MALL, TPS-3255, MINNEAPOLIS MN 55403
Jay C. Hartzell director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Sheryl L. Sculley director 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Gary A. Poliner director C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Daniel A. Arrigoni director C/O MGIC INVESTMENT CORPORATION, 250 E KILBOURN AVE, MILWAUKEE WI 53202
James J. Hughes officer: SVP-Sales & Bus. Development C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Michael E Lehman director
Julie K. Sperber officer: VP-Controller & Chief Acct Off MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Patrick Sinks officer: Executive Vice President 250 E KILBOURN AVE, MILWAUKEE WI 53202
Steven M. Thompson officer: EVP&CRO-Mort Gty Ins Corp 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Nathaniel H Colson officer: Executive Vice President & CFO C/O MGIC INVESTMENT CORPORATION, 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202
Robert J Candelmo officer: SVP-Chief Information Officer 250 EAST KILBOURN AVENUE, MILWAUKEE WI 53202

MGIC Investment Headlines