Trailing Dividend / Share
$0.59
MGIC Investment Corporation (MTG) Dividend History
Income profile from 1991 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.1%
Payout Ratio
17.9%
Sustainable
Dividend Streak
7 years
MTG Dividend Income Check
Safety
17.9% payout ratio with sustainable safety profile.
Consistency
7 straight years of dividend increases.
Income Trend
Yield on cost is 4.7% and trend is rising.
MTG Dividend Scorecard
Yield & Income
Dividend Yield2.1%
Trailing DPS$0.59
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout17.9%
Earnings SafetySustainable
FCF Payout17.6%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak7 years
3Y CAGR15.9%
5Y CAGR18.5%
Yield on Cost (5Y)4.7%
YOC Trendrising
Total Returns
Buyback Yield13.2%
Total Shareholder Yield15.3%
1Y Total Return5.0%
5Y Total Return122.9%
Div Contribution (5Y)16.8%
Estimated $10K growth (return + dividends):
5Y ago$21,14510Y ago$50,64520Y ago$4,819
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MTG Income Growth Story
Dividend per share and yield on cost over time (26 years of payments)
MTG Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
MGIC Investment Corporation distributes 17.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 17.6%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
MTG has raised its dividend for 7 consecutive years, with a 3-year CAGR of 15.9% and 5-year CAGR of 18.5%.
Total Shareholder Returns
Beyond cash dividends, MTG returns capital through share repurchases. The combined picture: 2.1% dividend yield, 13.2% buyback yield, 15.3% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.7% and is currently rising. The 5-year total return is 122.9%, with dividends contributing 16.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $50,645 today.
MTG Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$2.30
Avg/Payment$0.1150
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 6, 2026Latest | $0.1500 | — | 2.27% | May 21, 2026 |
| Feb 17, 2026 | $0.1500 | — | 2.16% | Mar 6, 2026 |
| Nov 6, 2025 | $0.1500 | — | 2.03% | Nov 20, 2025 |
| Aug 7, 2025 | $0.1500 | ↑ +15.4% | 2.04% | Aug 21, 2025 |
| May 8, 2025 | $0.1300 | — | 1.98% | May 21, 2025 |
| Feb 18, 2025 | $0.1300 | — | 2.04% | Mar 5, 2025 |
| Nov 7, 2024 | $0.1300 | — | 2.00% | Nov 21, 2024 |
| Aug 8, 2024 | $0.1300 | ↑ +13.0% | 2.02% | Aug 22, 2024 |
MTG Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
2.1%
#2 of 7
Safety
Sustainable
17.9% payout
Streak
7Y
18.5% 5Y CAGR
Total Shareholder
15.3%
#1 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd MTGMGIC Investment Corp… | $6.0B | 2.1% | 17.9% | 7 | Sustainable |
1st  RDNRadian Group Inc. | $5.2B | 2.8% | 25.0% | 6 | Sustainable |
3rd  ESNTEssent Group Ltd. | $6.0B | 1.9% | 17.7% | 7 | Sustainable |
 ACTEnact Holdings, Inc. | $6.4B | 1.8% | 17.9% | 4 | Sustainable |
 PFSIPennyMac Financial S… | $4.2B | 1.4% | 12.5% | 2 | Sustainable |
 RNRRenaissanceRe Holdin… | $14.0B | 0.5% | 2.8% | 28 | Sustainable |
 AGOAssured Guaranty Ltd… | $3.7B | 1.6% | 13.5% | 14 | Sustainable |
MTG Annual Dividend History (1991–2026)
36 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.30 | — | 2 | — | — | — | 2.5% |
| 2025 | $0.56 | 14.3% | 4 | $3.14 | 17.8% | 5.61x | 4.7% |
| 2024 | $0.49 | 14.0% | 4 | $2.89 | 17.0% | 5.90x | 4.1% |
| 2023 | $0.43 | 19.4% | 4 | $2.49 | 17.3% | 5.79x | 3.6% |
| 2022 | $0.36 | 28.6% | 4 | $2.79 | 12.9% | 7.75x | 3.0% |
| 2021 | $0.28 | 16.7% | 4 | $1.85 | 15.1% | 6.61x | 2.3% |
| 2020 | $0.24 | 100.0% | 4 | $1.29 | 18.6% | 5.38x | 2.0% |
| 2019 | $0.12 | — | 2 | $1.85 | 6.5% | 15.42x | 1.0% |
| 2018 | $0.00 | — | 0 | $1.74 | — | — | — |
| 2017 | $0.00 | — | 0 | $0.95 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
35+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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MTG — Frequently Asked Questions
Quick answers to the most common questions about buying MTG stock.
How much dividend does MTG pay per share?
MGIC Investment Corporation (MTG) pays a trailing 12-month dividend of $0.59 per share, with a current dividend yield of +2.1%. Payments are made Semi-Annual.
When is MTG's next ex-dividend date?
MTG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MTG typically pays dividends Semi-Annual.
Is MTG's dividend safe?
MTG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +17.9% and FCF payout ratio of +17.6%. The 7-year growth streak provides moderate confidence.
Is MTG a Dividend Payer?
Yes, MGIC Investment Corporation is classified as a Dividend Payer with 7 consecutive years of dividend increases. The 5-year dividend CAGR is +18.5%, demonstrating above-inflation dividend growth.
How often does MTG pay dividends?
MGIC Investment Corporation pays dividends Semi-Annual. The trailing 12-month total is $0.59 per share. Dividend data on this page covers 35+ years from 1991 to 2026.
How much would $10,000 invested in MTG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MTG five years ago would be worth approximately $21,145 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MTG's yield on cost for long-term holders?
MTG's yield on cost — the current dividend divided by the original purchase price — is +4.7% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.1% market yield, thanks to consistent dividend growth.