When will Mgic Investment Corp (MTG) announce its next dividend?
Next announcement expected the week of October 19, 2026
High quality
Our predicted date is Thursday, October 22. This is when we
expect Mgic Investment Corp to declare its next dividend, not when the stock goes
ex-dividend — we publish this estimate as early as about three months before the board is
expected to meet.
Mgic Investment Corp pays dividends quarterly. We hold 97 payments for it, going back to November 1991 — the full record is below, with what it has paid and when, and how far ahead of each ex-date it declares. We don't publish a predicted next ex-dividend date for MTG. As soon as the company declares one it will appear at the top of this page; until then the record below is what we hold.
MTG dividend at a glance
| Most recent payment | $0.17 per share, August 5, 2026 |
|---|---|
| Indicated annual dividend | $0.68 per share, at the current rate and cadence |
| Payment frequency | Quarterly |
| Change over the past year | Raised 13.3%, from $0.15 to $0.17 |
| 5-year growth rate | 16.3% a year, compounded ($0.08 → $0.17) |
| Consecutive years of increases | 6, in the record we hold |
| Typical announcement lead | Declared about 13 days before the ex-date, across 29 announcements |
| Typical time to payment | Paid about 18 days after the ex-date |
| History on file | 97 payments since November 1991 |
Mgic Investment Corp's dividend schedule
Mgic Investment Corp has paid quarterly across the 34 years of records we hold, with the most recent ex-date on August 5, 2026. Its ex-dates usually land in the first third of the month.
Across the 29 announcements we have on file, MTG declares a dividend a median of 13 days before the shares go ex. That is roughly how much notice MTG gives you before each ex-date, once its board declares. The cash then arrives about 18 days after the ex-date.
Increases have a season: of the 7 raises in our record, most take effect with the August payment, so that is the ex-date to watch for a change in the amount. The most recent was 13.3%, effective with the August 2026 ex-date.
MTG dividend history
The last 16 payments on record, of 97 going back to November 1991.
| Ex-date | Amount |
|---|---|
| Aug 5, 2026 | $0.17 |
| May 6, 2026 | $0.15 |
| Feb 17, 2026 | $0.15 |
| Nov 6, 2025 | $0.15 |
| Aug 7, 2025 | $0.15 |
| May 8, 2025 | $0.13 |
| Feb 18, 2025 | $0.13 |
| Nov 7, 2024 | $0.13 |
| Aug 8, 2024 | $0.13 |
| May 8, 2024 | $0.115 |
| Feb 14, 2024 | $0.115 |
| Nov 8, 2023 | $0.115 |
| Aug 9, 2023 | $0.115 |
| May 10, 2023 | $0.10 |
| Feb 16, 2023 | $0.10 |
| Nov 9, 2022 | $0.10 |
Amounts are per share as reported on each ex-date, and are not restated for later share splits — a split shows up here as a step down in the per-share amount. Shown for schedule context, not as a yield.
Frequently asked questions
- When will MTG announce its next dividend?
- We expect Mgic Investment Corp to declare its next dividend around October 22, 2026 (the week of October 19, 2026), a high-quality forecast. This is when the board is expected to declare the dividend, not when the stock goes ex-dividend.
- Do I need to own MTG before the ex-dividend date?
- Yes. You must already hold the shares when trading opens on the ex-dividend date to receive the payment. Buying on the ex-date itself is too late — the seller keeps that dividend. See ex-date vs record date vs payment date for how the dates fit together.
- How often does MTG pay a dividend?
- Mgic Investment Corp has historically paid quarterly, across 97 payments since November 1991.
- How much does MTG pay per share?
- The most recent payment was $0.17 per share, with an ex-date of August 5, 2026. At that rate and frequency the indicated annual dividend is $0.68 a share. This is the cash amount, not a yield — a yield depends on the share price you pay.
- How far in advance does MTG announce its dividend?
- A median of 13 days before the ex-date, across the 29 declarations we hold.