Magic Software Enterprises Ltd. ( MGIC ) will begin trading ex-dividend on August 15, 2014. A cash dividend payment of $0.095 per share is scheduled to be paid on September 04, 2014. Shareholders who purchased MGIC stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -20.83% decrease from the prior quarter.
The previous trading day's last sale of MGIC was $7.01, representing a -28.69% decrease from the 52 week high of $9.83 and a 16.83% increase over the 52 week low of $6.
MGIC is a part of the Technology sector, which includes companies such as Microsoft Corporation ( MSFT ) and Oracle Corporation ( ORCL ). MGIC's current earnings per share, an indicator of a company's profitability, is $.44. Zacks Investment Research reports MGIC's forecasted earnings growth in 2014 as -5.88%, compared to an industry average of 2.3%.
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