MTG (MGIC Investment) Dividend Payout Ratio : 0.15 (As of Jun. 2024)

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What is MGIC Investment Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. MGIC Investment's Dividend Payout Ratio for the months ended in Jun. 2024 was 0.15.

The historical rank and industry rank for MGIC Investment's Dividend Payout Ratio or its related term are showing as below:

MTG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.15 Max: 0.18
Current: 0.17

During the past 13 years, the highest Dividend Payout Ratio of MGIC Investment was 0.18. The lowest was 0.07. And the median was 0.15.

MTG's Dividend Payout Ratio is ranked better than
79.61% of 304 companies
in the Insurance industry
Industry Median: 0.37 vs MTG: 0.17

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

During the past 13 years, the highest Trailing Annual Dividend Yield of MGIC Investment was 3.62%. The lowest was 0.42%. And the median was 2.16%.

MGIC Investment's Dividends per Share for the 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.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

MGIC Investment Dividend Payout Ratio Historical Data

The historical data trend for MGIC Investment's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

MGIC Investment Dividend Payout Ratio Chart

MGIC Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.07

0.18

0.15

0.12

0.17

MGIC Investment Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.15	0.18	0.17	0.18	0.15

Competitive Comparison of MGIC Investment's Dividend Payout Ratio

For the Insurance - Specialty subindustry, MGIC Investment's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Insurance Industry

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

* The bar in red indicates where MGIC Investment's Dividend Payout Ratio falls into.

MGIC Investment Dividend Payout Ratio Calculation

MGIC Investment's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.43	/	2.53
	=	0.17

MGIC Investment's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2024 )	/	EPS without NRI (Q: Jun. 2024 )
	=	0.115	/	0.77
	=	0.15

MGIC Investment (NYSE:MTG) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

MGIC Investment Dividend Payout Ratio Related Terms

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

MGIC Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MGIC Investment Corp (NYSE:MTG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

MGC:Germany

Address

250 E. Kilbourn Avenue, MGIC Plaza, Milwaukee, WI, USA, 53202

Website

https://www.mgic.com

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