MGIC Investment Corporation
MTGFinancial Services · Stock · quarterly payer
$25.12
Add to PortfolioForward Yield
2.39%
Annual Dividend
$0.60
Payout Ratio
18%
5-Yr Growth
18.5%
Ex-Date
May 6, 2026
Frequency
Quarterly
MTG Dividend Safety Score
79/ 100
Grade B
Safe
Dividend-growth streak5 consecutive years of growth
Cut historyCut its dividend in 2007
Earnings payout coverage18% of earnings paid out
Free-cash-flow coverage27% of free cash flow
Balance-sheet strengthDebt/equity of 0.13
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MTG a good dividend stock?
YesMGIC Investment Corporation (MTG) pays a quarterly dividend yielding 2.39% ($0.60/yr), with 7 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (18%)
- Strong 18.5% 5-yr dividend growth
- 86% total price return over 5 years
Risks
- Cut its dividend in 2007
Key Data
- Dividend Yield
- 2.39%
- Payout Ratio
- 18%
- Annual Dividend
- $0.60
- 5-Yr Avg Growth
- 18.5%
- Ex-Dividend Date
- May 6, 2026
- Years of Growth
- 7
- Frequency
- quarterly
- Beta
- 0.68
- Market Cap
- $5.3B
- P/E Ratio
- 8.0
- 5-Yr Total Return
- 86%
- 52-Week Range
- $24.69 – $29.97
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2007)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 6, 2026 | — | $0.1500 | regular |
| Feb 17, 2026 | — | $0.1500 | regular |
| Nov 6, 2025 | — | $0.1500 | regular |
| Aug 7, 2025 | — | $0.1500 | regular |
| May 8, 2025 | — | $0.1300 | regular |
| Feb 18, 2025 | — | $0.1300 | regular |
| Nov 7, 2024 | — | $0.1300 | regular |
| Aug 8, 2024 | — | $0.1300 | regular |
| May 8, 2024 | — | $0.1150 | regular |
| Feb 14, 2024 | — | $0.1150 | regular |
| Nov 8, 2023 | — | $0.1150 | regular |
| Aug 9, 2023 | — | $0.1150 | regular |
| May 10, 2023 | — | $0.1000 | regular |
| Feb 16, 2023 | — | $0.1000 | regular |
Income Calculator
At $0.60 / yr per share
Per payment (quarterly)$15.00
Annual$60.00
Monthly avg$5.00
