Fidelity National Financial, Inc. Announces 11% Increase in Quarterly Cash Dividend

(Neutral)

Rhea-AI Summary

On August 3, 2021, Fidelity National Financial (NYSE: FNF) announced an 11% increase in its quarterly cash dividend, raising it from $0.36 to $0.40 per share. This dividend will be payable on September 30, 2021, to stockholders of record as of September 16, 2021. This move underscores the company's robust financial health and commitment to returning value to shareholders.

Positive

11% increase in quarterly cash dividend from $0.36 to $0.40 per share.
Demonstrates strong financial performance and shareholder value enhancement.

Negative

None.

News Market Reaction – FNF

+3.02%

+3.02% Session move

In the trading session that priced this news, FNF gained 3.02%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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08/03/2021 - 04:10 PM

JACKSONVILLE, Fla., Aug. 3, 2021 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE:FNF) (the "Company") today announced that its Board of Directors has declared an increase in the Company's quarterly cash dividend of 11%, to $0.40 per share, from the previous quarterly cash dividend of $0.36 per share. The dividend will be payable September 30, 2021, to stockholders of record as of September 16, 2021.

About Fidelity National Financial, Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at www.fnf.com.

About F&G
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of annuity and life insurance products and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.

FNF-D

View original content:https://www.prnewswire.com/news-releases/fidelity-national-financial-inc-announces-11-increase-in-quarterly-cash-dividend-301347587.html

SOURCE Fidelity National Financial, Inc.

FAQ

What is the new dividend amount for FNF?

The new dividend amount is $0.40 per share.

When will FNF's dividend be paid?

The dividend will be payable on September 30, 2021.

What is the record date for FNF's dividend?

The record date for the dividend is September 16, 2021.

How much has FNF increased its dividend?

FNF has increased its dividend by 11%.

Is the dividend of FNF sustainable?

While the increase indicates strong financial health, ongoing evaluation of FNF's performance is necessary to assess sustainability.