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MGIC vs DGRO: Dividend Comparison 2026

MGIC yields 5.81% · DGRO yields 2.13%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 DGRO wins by $10.0K in total portfolio value
10 years
MGIC
MGIC
● Live price
5.81%
Share price
$17.38
Annual div
$1.01
5Y div CAGR
-33.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$21.6K
Annual income
$10.95
Full MGIC calculator →
DGRO
iShares Core Dividend Growth ETF
● Live price
2.13%
Share price
$68.98
Annual div
$1.47
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$31.6K
Annual income
$239.96
Full DGRO calculator →

Portfolio growth — MGIC vs DGRO

📍 DGRO pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodMGICDGRO
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, MGIC + DGRO cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
MGIC pays
DGRO pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

MGIC
Annual income on $10K today (after 15% tax)
$493.96/yr
After 10yr DRIP, annual income (after tax)
$9.31/yr
DGRO
Annual income on $10K today (after 15% tax)
$181.24/yr
After 10yr DRIP, annual income (after tax)
$203.97/yr
At 15% tax rate, DGRO beats the other by $194.66/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of MGIC + DGRO for your $10,000?

MGIC: 50%DGRO: 50%
100% DGRO50/50100% MGIC
Portfolio after 10yr
$26.6K
Annual income
$125.46/yr
Blended yield
0.47%
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Analyst Conviction Gap

Where Wall Street is split right now

MGIC
Analyst Ratings
2
Buy
2
Hold
2
Sell
Consensus: Buy
Price Target
$18.50
+6.4% upside vs current
Range: $15.00 — $22.00
Altman Z
3.6
Piotroski
6/9
DGRO
No analyst data
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

MGIC buys
0
DGRO buys
0
No recent congressional trades found for MGIC or DGRO in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricMGICDGRO
Forward yield5.81%2.13%
Annual dividend / share$1.01$1.47
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-33.4%0%
Portfolio after 10y$21.6K$31.6K
Annual income after 10y$10.95$239.96
Total dividends collected$1.2K$2.3K
Payment frequencyquarterlyquarterly
SectorStockETF

Year-by-year: MGIC vs DGRO ($10,000, DRIP)

YearMGIC PortfolioMGIC Income/yrDGRO PortfolioDGRO Income/yrGap
1← crossover$11,087$387.03$11,293$213.22$206.00DGRO
2$12,130$267.09$12,730$217.32$600.00DGRO
3$13,161$181.88$14,326$221.10$1.2KDGRO
4$14,205$122.83$16,098$224.56$1.9KDGRO
5$15,282$82.52$18,064$227.74$2.8KDGRO
6$16,407$55.26$20,246$230.65$3.8KDGRO
7$17,593$36.93$22,666$233.30$5.1KDGRO
8$18,849$24.64$25,349$235.73$6.5KDGRO
9$20,185$16.43$28,325$237.94$8.1KDGRO
10$21,609$10.95$31,624$239.96$10.0KDGRO

MGIC vs DGRO: Complete Analysis 2026

MGICStock

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Full MGIC Calculator →

DGROETF

The iShares Core Dividend Growth ETF seeks to track the investment results of an index composed of U.S. equities with a history of consistently growing dividends.

Full DGRO Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.