Ex-Div Reminder for Magic Software Enterprises (MGIC)

Looking at the universe of stocks we cover at Dividend Channel, on 2/25/14, Magic Software Enterprises Ltd. (MGIC) will trade ex-dividend, for its semi-annual dividend of $0.12, payable on 3/17/14. As a percentage of MGIC's recent stock price of $8.61, this dividend works out to approximately 1.39%, so look for shares of Magic Software Enterprises Ltd. to trade 1.39% lower — all else being equal — when MGIC shares open for trading on 2/25/14.

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Below is a dividend history chart for MGIC, showing historical dividends prior to the most recent $0.12 declared by Magic Software Enterprises Ltd. :

MGIC+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MGIC is likely to continue, and whether the current estimated yield of 2.79% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of MGIC shares, versus its 200 day moving average:

Magic Software Enterprises Ltd.  200 Day Moving Average Chart

Looking at the chart above, MGIC's low point in its 52 week range is $4.61 per share, with $9.00 as the 52 week high point — that compares with a last trade of $8.64.

In Monday trading, Magic Software Enterprises Ltd. shares are currently down about 1.4% on the day.

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