
MGIC Investment Corp. (MTG)
MGIC Investment Corporation (MTG) is a leading provider of private mortgage insurance in the United States. Founded in 1957, the company offers financial guarantees that enable lenders to provide loans to homebuyers with less-than-perfect credit, thereby promoting homeownership and expanding access to residential mortgage credit. Headquartered in Milwaukee, Wisconsin, MGIC operates through a network of mortgage insurance subsidiaries and is known for its extensive experience and reputation within the mortgage insurance industry.
Dividend History
Pay Date | Amount | Ex-Date | Record Date |
---|---|---|---|
August 21, 2025 | $0.15 | 2025-08-07 | 2025-08-07 |
May 21, 2025 | $0.13 | 2025-05-08 | 2025-05-08 |
March 5, 2025 | $0.13 | 2025-02-18 | 2025-02-18 |
November 21, 2024 | $0.13 | 2024-11-07 | 2024-11-07 |
August 22, 2024 | $0.13 | 2024-08-08 | 2024-08-08 |
Dividends Summary
- MGIC Investment Corp. has issued 44 dividend payments over the past 21 years
- The most recent dividend was paid 62 days ago, on August 21, 2025
- The highest dividend payed out to investors during this period was $0.25 per share
- The average dividend paid during this period was $0.11 per share.
Company News
MGIC Investment Corporation has increased its quarterly cash dividend by 15% to $0.15 per share, payable on August 21, 2025, to shareholders of record as of August 7, 2025.
Prudential Financial's shares have gained 35.1% in a year, outperforming the industry's growth of 24.2%. The rally was driven by the growing pension risk transfer market, higher emerging markets earnings, and strategic initiatives. The company's International and U.S. businesses are expected to continue gaining from higher spread income and favor...
A bank ETF might be a good way to invest in this super-cheap industry.