Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 30, 2025 | $0.15 | 2025-12-15 | 2025-12-15 |
| 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 |
Dividends Summary
- Consistent Payer: has rewarded shareholders with 29 dividend payments over the past 15 years.
- Total Returned Value: Investors who held MGIC shares during this period received a total of $5.23 per share in dividend income.
- Latest Payout: The most recent dividend of $0.15/share was paid 200 days ago, on December 30, 2025.
- Payment Schedule: MGIC currently distributes dividends on a quarterly basis.
- Dividend Growth: Since 2010, the dividend payout has decreased by 69.8%, from $0.50 to $0.15.
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.
Formula Systems reported strong financial results for the second quarter and first half of 2024, with record-breaking revenues, operating income, and net income. The company's subsidiaries, including Matrix IT, Sapiens, and Magic Software, also performed well during the period.
Here is how Magic Software (MGIC) and HUYA Inc. Sponsored ADR (HUYA) have performed compared to their sector so far this year.
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