MGIC Investment Announces Quarterly Dividend of $0.08 Per Share
Rhea-AI Summary
The Board of Directors of MGIC Investment Corporation (NYSE:MTG) has declared a quarterly cash dividend of $0.08 per share. This dividend is scheduled for payment on August 26, 2021, to shareholders of record by August 12, 2021. MGIC, through its principal subsidiary, Mortgage Guaranty Insurance Corporation, aids lenders in the U.S. and beyond by offering private mortgage insurance, enabling affordable low-down-payment mortgages for families seeking homeownership.
Positive
- Quarterly cash dividend declared at $0.08 per share, signaling continued shareholder returns.
Negative
- None.
News Market Reaction – MTG
In the trading session that priced this news, MTG gained 1.32%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MILWAUKEE, July 29, 2021 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of
The dividend is payable on August 26, 2021, to shareholders of record on August 12, 2021.
About MGIC
Mortgage Guaranty Insurance Corporation "MGIC" (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.
From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing, and intends to continue to do so in the future. Such postings include corrections of previous disclosures, and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.
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SOURCE MGIC Investment Corporation