MTG - NYSE
MGIC Investment Corporation
$24.86
+0.18%MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States, Puerto Rico, and Guam. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, as well as covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure. It also provides contract underwriting services, as well as reinsurance. The company serves originators of residential mortgage loans, including savings institutions, commercial banks, mortgage brokers, credit unions, mortgage bankers, and other lenders. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin.
At a Glance
Live SnapshotMGIC Investment Corporation Dividend History
MTG Dividend Payment History
Total Payments
50
Latest Dividend
$0.1500
Annual Amount
$0.7300
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 23, 2026 | May 6, 2026 | May 21, 2026 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Jan 27, 2026 | Feb 17, 2026 | Mar 6, 2026 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Oct 23, 2025 | Nov 6, 2025 | Nov 20, 2025 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Jul 24, 2025 | Aug 7, 2025 | Aug 21, 2025 | $0.1500 | $0.1500 | Quarterly | +15.38% |
Apr 24, 2025 | May 8, 2025 | May 21, 2025 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Jan 28, 2025 | Feb 18, 2025 | Mar 5, 2025 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Oct 24, 2024 | Nov 7, 2024 | Nov 21, 2024 | $0.1300 | $0.1300 | Quarterly | 0.00% |
Jul 25, 2024 | Aug 8, 2024 | Aug 22, 2024 | $0.1300 | $0.1300 | Quarterly | +13.04% |
Apr 25, 2024 | May 9, 2024 | May 21, 2024 | $0.1150 | $0.1150 | Quarterly | 0.00% |
Jan 23, 2024 | Feb 15, 2024 | Mar 5, 2024 | $0.1150 | $0.1150 | Quarterly | 0.00% |
Oct 26, 2023 | Nov 9, 2023 | Nov 28, 2023 | $0.1150 | $0.1150 | Quarterly | 0.00% |
Jul 27, 2023 | Aug 10, 2023 | Aug 24, 2023 | $0.1150 | $0.1150 | Quarterly | +15.00% |
Apr 27, 2023 | May 11, 2023 | May 25, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jan 24, 2023 | Feb 17, 2023 | Mar 2, 2023 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Oct 27, 2022 | Nov 10, 2022 | Nov 23, 2022 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Jul 28, 2022 | Aug 11, 2022 | Aug 25, 2022 | $0.1000 | $0.1000 | Quarterly | +25.00% |
Apr 28, 2022 | May 12, 2022 | May 26, 2022 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Jan 25, 2022 | Feb 16, 2022 | Mar 2, 2022 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Oct 28, 2021 | Nov 11, 2021 | Nov 23, 2021 | $0.0800 | $0.0800 | Quarterly | 0.00% |
Jul 29, 2021 | Aug 12, 2021 | Aug 26, 2021 | $0.0800 | $0.0800 | Quarterly | +33.33% |
Apr 29, 2021 | May 13, 2021 | May 27, 2021 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jan 26, 2021 | Feb 17, 2021 | Mar 3, 2021 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Oct 29, 2020 | Nov 11, 2020 | Nov 25, 2020 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jul 30, 2020 | Aug 11, 2020 | Aug 28, 2020 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Apr 23, 2020 | May 11, 2020 | May 29, 2020 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jan 28, 2020 | Feb 11, 2020 | Feb 28, 2020 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Oct 24, 2019 | Nov 11, 2019 | Nov 25, 2019 | $0.0600 | $0.0600 | Quarterly | 0.00% |
Jul 25, 2019 | Aug 30, 2019 | Sep 20, 2019 | $0.0600 | $0.0600 | Quarterly | +140.00% |
Jul 24, 2008 | Aug 8, 2008 | Sep 2, 2008 | $0.0250 | $0.0250 | Quarterly | 0.00% |
May 15, 2008 | May 27, 2008 | Jun 16, 2008 | $0.0250 | $0.0250 | Quarterly | 0.00% |
Jan 24, 2008 | Feb 8, 2008 | Mar 3, 2008 | $0.0250 | $0.0250 | Quarterly | 0.00% |
Oct 25, 2007 | Nov 9, 2007 | Dec 3, 2007 | $0.0250 | $0.0250 | Quarterly | -90.00% |
Jul 26, 2007 | Aug 13, 2007 | Sep 4, 2007 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 10, 2007 | May 22, 2007 | Jun 8, 2007 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Jan 26, 2007 | Feb 12, 2007 | Mar 1, 2007 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Oct 26, 2006 | Nov 10, 2006 | Dec 1, 2006 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Jul 27, 2006 | Aug 11, 2006 | Sep 1, 2006 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 11, 2006 | May 24, 2006 | Jun 9, 2006 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Jan 26, 2006 | Feb 10, 2006 | Mar 1, 2006 | $0.2500 | $0.2500 | Quarterly | +66.67% |
Oct 27, 2005 | Nov 10, 2005 | Dec 1, 2005 | $0.1500 | $0.1500 | Quarterly | 0.00% |
Jul 28, 2005 | Aug 12, 2005 | Sep 1, 2005 | $0.1500 | $0.1500 | Quarterly | 0.00% |
May 12, 2005 | May 24, 2005 | Jun 9, 2005 | $0.1500 | $0.1500 | Quarterly | +100.00% |
Jan 27, 2005 | Feb 10, 2005 | Mar 1, 2005 | $0.0750 | $0.0750 | Quarterly | 0.00% |
Oct 28, 2004 | Nov 10, 2004 | Dec 1, 2004 | $0.0750 | $0.0750 | Quarterly | 0.00% |
Jul 29, 2004 | Aug 12, 2004 | Sep 1, 2004 | $0.0750 | $0.0750 | Quarterly | +97.37% |
May 13, 2004 | May 24, 2004 | Jun 9, 2004 | $0.0380 | $0.0380 | Quarterly | 0.00% |
Jan 29, 2004 | Feb 11, 2004 | Mar 1, 2004 | $0.0380 | $0.0380 | Quarterly | 0.00% |
Oct 23, 2003 | Nov 10, 2003 | Dec 1, 2003 | $0.0380 | $0.0380 | Quarterly | +52.00% |
Jul 24, 2003 | Aug 8, 2003 | Sep 2, 2003 | $0.0250 | $0.0250 | Quarterly | 0.00% |
May 8, 2003 | May 21, 2003 | Jun 2, 2003 | $0.0250 | $0.0250 | Quarterly | - |
MGIC Investment Corporation Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
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