Magic Software Enterprises Ltd. (NASDAQ:MGIC) announces a semiannual dividend of  $0.13

Magic Software Enterprises Ltd. (NASDAQ:MGIC) to go ex-dividend.On 8/14/2017 Magic Software Enterprises Ltd. ( NASDAQ:MGIC ) announced that it will be issuing a semiannual dividend in the amount of $0.13 down from  $0.13 making the yield 3.25%.Magic Software Enterprises Ltd. (NASDAQ:MGIC) Ex- dividend dateMagic Software Enterprises Ltd. (NASDAQ:MGIC) is set to go ex-dividend on 8/29/2017 and will be payable on 9/13/2017 Dividend History for Magic Software Enterprises Ltd. (NASDAQ:MGIC) The next payable dividend for Magic Software Enterprises Ltd. is scheduled for 9/13/2017. There is an annual dividend of $$0.17 with a yield of 2.13% The payout ration for the trailing 12 months of earnings is 62.96% , 31.48% based on this years estimates and 25.76% based on next years projected estimates.Recent Dividend History for Magic Software Enterprises Ltd. (NASDAQ:MGIC)

• On 2/15/2013 Magic Software Enterprises Ltd. announced a quarterly dividend of $0.12.
• On 8/13/2013 Magic Software Enterprises Ltd. announced a semiannual dividend of $0.09.
• On 2/20/2014 Magic Software Enterprises Ltd. announced a semiannual dividend of $0.12.
• On 8/12/2014 Magic Software Enterprises Ltd. announced a semiannual dividend of $0.10.

Recent Analyst Rating for Magic Software Enterprises Ltd. (NASDAQ:MGIC)

• On 8/10/2017 HC Wainwright, Set Price Target, to bought with a price target of $10.00
• On 5/17/2017 Barclays PLC, Reiterated Rating, to Overweight with a price target of $9.50 to $10.00
• On 5/17/2017 Rodman & Renshaw, Reiterated Rating, fromBuy to Buy to Buy with a price target of $9.00 to $10.00
• On 12/12/2016 Deutsche Bank AG, Upgrade, fromHold to Buy to Hold
• On 10/19/2016 Compass Point, Downgrade, fromBuy to Neutral to Buy

Recent Trading for Magic Software Enterprises Ltd. (NASDAQ:MGIC) Shares of Magic Software Enterprises Ltd. closed the previous trading session at 8.00 up +0.05 0.63% with 47,469 shares trading hands.