Magic Dividend Yield from 2010 to 2024

MEGL Stock  USD 0.61  0.02  3.17%   
Magic Empire Dividend Yield yearly trend continues to be quite stable with very little volatility. The value of Dividend Yield is projected to decrease to 0.01. Dividend Yield is a financial ratio that shows how much Magic Empire Global pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. View All Fundamentals
 
Dividend Yield  
First Reported
2010-12-31
Previous Quarter
0.00847594
Current Value
0.006622
Quarterly Volatility
0.00815711
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Empire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Empire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.2 M, Interest Expense of 142.7 K or Selling General Administrative of 3.8 M, as well as many indicators such as Price To Sales Ratio of 12.86, Dividend Yield of 0.0066 or PTB Ratio of 1.32. Magic financial statements analysis is a perfect complement when working with Magic Empire Valuation or Volatility modules.
  
Check out the analysis of Magic Empire Correlation against competitors.

Latest Magic Empire's Dividend Yield Growth Pattern

Below is the plot of the Dividend Yield of Magic Empire Global over the last few years. Dividend Yield is Magic Empire Global dividend as a percentage of Magic Empire stock price. Magic Empire Global dividend yield is a measure of Magic Empire stock productivity, which can be interpreted as interest rate earned on an Magic Empire investment. It is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Magic Empire's Dividend Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Empire's overall financial position and show how it may be relating to other accounts over time.
Dividend Yield10 Years Trend
Slightly volatile
   Dividend Yield   
       Timeline  

Magic Dividend Yield Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation177.19
Mean Deviation0.01
Median0.0006
Standard Deviation0.01
Sample Variance0.000067
Range0.0235
R-Value0.58
Mean Square Error0.000048
R-Squared0.34
Significance0.02
Slope0
Total Sum of Squares0.0009

Magic Dividend Yield History

2024 0.006622
2023 0.008476
2021 0.0238
2020 2.49E-4

About Magic Empire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Magic Empire income statement, its balance sheet, and the statement of cash flows. Magic Empire investors use historical funamental indicators, such as Magic Empire's Dividend Yield, to determine how well the company is positioned to perform in the future. Although Magic Empire investors may use each financial statement separately, they are all related. The changes in Magic Empire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magic Empire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magic Empire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magic Empire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Dividend Yield 0.01  0.01 

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Additional Information and Resources on Investing in Magic Stock

When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out the analysis of Magic Empire Correlation against competitors.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Empire. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.64)
Revenue Per Share
0.681
Quarterly Revenue Growth
1.302
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.