MGIC Investment Corporation
S&P 500MTG/Financial Services · Insurance - Specialty/NYSE
Dividend Yield
2.28%
$0.60 · Annual Dividend
Dividend Safety Rating
MTG's dividend appears very safe. Strengths include a 18.4% earnings payout ratio & 19.0% fcf payout ratio. The dividend has been growing at a 18.47% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.
Based on 9 of 10 metrics
Strengths
- Earnings Payout Ratio: 18.4%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 19.0%Free cash flow comfortably covers the dividend.
- Operating Margin: 72.6%Healthy operating margin provides a wide buffer.
Risks
No material risks identified across rated metrics.
Payout & Coverage
Very SafeBalance Sheet
N/AProfitability
SafeDividend Track Record
Very SafeAbout MGIC Investment Corporation
MGIC Investment Corporation is a leading provider in the mortgage insurance industry. Its primary function is to facilitate home ownership by offering private mortgage insurance to lenders and borrowers, protecting against losses from borrower defaults. Key sectors impacted by MGIC Investment Corporation include residential real estate, banking, and financial services. Mortgage insurance provided by MGIC is crucial during times of economic volatility, ensuring the stability of lending markets by enabling borrowers with smaller down payments to secure home loans. Founded in 1957 and headquartered in Milwaukee, Wisconsin, MGIC has established itself as a pivotal player in enhancing mortgage credit access while maintaining risk management practices. This corporation plays a significant role in the U.S. housing market by fostering both accessibility for new homeowners and confidence among lenders.
Dividend Overview
Dividend Yield
2.28%
Annual Dividend
$0.60
Frequency
Quarterly
Payout Ratio
18.41%
FCF Payout Ratio
18.97%
52-Week Range
$24.69 - $29.97
Dividend History (2016–2025)
MTG annual dividend per share and yield history
Earnings & Profitability
MTG earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 6, 2026
Last Payment Date
May 21, 2026
Dividend Growth
3-Year Dividend CAGR
15.87%
5-Year Dividend CAGR
18.47%
10-Year Dividend CAGR
N/A
3-Year Total Growth
55.56%
5-Year Total Growth
133.33%
10-Year Total Growth
N/A
Income Calculator
Frequently Asked Questions
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.