Does MGIC Investment Corporation (MTG) Pay a Dividend? (2026)
Last updated July 2026
Short answer
MGIC Investment Corporation (MTG) pays a dividend with an approximate yield of ~2% as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does MGIC Investment Corporation (MTG) pay a dividend?
Yes. MGIC Investment Corporation distributes an approximate ~2% yield (early 2026), usually quarterly. MGIC trades at a low single-digit-to-high-single-digit earnings multiple and near book value (book value per share around $24), reflecting the market's discount for cyclical mortgage-insurance earnings. Q1 2026 delivered net income of about $165 million and an annualized return on equity near 13%, with revenue of about $297 million that slightly missed estimates as net premiums earned edged down year over year. Valuation figures are approximate and move with the stock price.
MTG dividend at a glance
| 2026-05-06 | $0.15 |
| 2026-02-17 | $0.15 |
| 2025-11-06 | $0.15 |
| 2025-08-07 | $0.15 |
| 2025-05-08 | $0.13 |
| 2025-02-18 | $0.13 |
MTG dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MTG's investor relations page before relying on it.
How to think about MTG's dividend
- Yield is a snapshot: ~2% today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like MTG.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the MTG dividend
MGIC Investment Corporation (MTG) pays an approximate ~2% dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the MTG guide. Walnut can show how MTG fits your real portfolio. It is not an investment adviser.
Build a basket around MTG with Walnut
Use MGIC Investment Corporation as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does MGIC Investment Corporation (MTG) pay a dividend?
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MGIC Investment Corporation has an approximate dividend yield of ~2% (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or MTG's investor relations page.
What is MTG's dividend yield?
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Approximately ~2% as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does MTG pay its dividend?
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US companies that pay dividends, like MGIC Investment Corporation if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on MTG's investor relations page before relying on the timing.
Can I reinvest MTG dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any MTG dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is MTG a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~2% yield, MTG is more of a growth or total-return name than a high-yield one. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does MGIC pay a dividend?
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Yes. MGIC pays a quarterly cash dividend, most recently $0.15 per share, which works out to a yield of roughly 2% at recent prices. The dividend has been raised gradually over the past few years alongside large share buybacks.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with MTG's investor relations page or your broker.