Magic Software Enterprises Ltd (MGIC)
Magic Software Enterprises Ltd is a global provider of integrated application and business process management solutions. Founded in 1983 and headquartered in Israel, the company specializes in low-code application development platforms, enabling businesses to rapidly create and deploy custom software applications. Magic Software's offerings cater to a range of industries, including finance, healthcare, and manufacturing, helping organizations accelerate digital transformation and improve operational efficiency.
Dividend History
Investors can expect a dividend payout of $0.30 per share, scheduled to be distributed in 32 days on October 22, 2025
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| October 22, 2025 | $0.30 | 2025-10-06 | 2025-10-06 |
| May 7, 2025 | $0.33 | 2025-04-22 | 2025-04-22 |
| January 8, 2025 | $0.24 | 2024-12-23 | 2024-12-23 |
| July 11, 2024 | $0.20 | 2024-06-27 | 2024-06-27 |
| September 13, 2023 | $0.33 | 2023-08-29 | 2023-08-30 |
Dividends Summary
- Magic Software Enterprises Ltd has issued 28 dividend payments over the past 15 years
- The most recent dividend was paid 136 days ago, on May 7, 2025
- The highest dividend payed out to investors during this period was $0.5 per share
- The average dividend paid during this period was $0.18 per share.
Company News
Magic Software Enterprises reported strong financial results for the fourth quarter and full year 2024, with revenue growth and improved profitability. The company also announced a strategic merger with Matrix I.T, Israel's leading IT services company.
Magic Software Enterprises Ltd. and Matrix I.T Ltd. have signed a Memorandum of Understanding for a proposed merger, where Matrix will acquire Magic's entire share capital. The combined entity is expected to have a market value of $2.1 billion and operate in around 50 countries.
Here is how Magic Software (MGIC) and HUYA Inc. Sponsored ADR (HUYA) have performed compared to their sector so far this year.