MGIC Investment Announces Quarterly Dividend of $0.10 Per Share

Rhea-AI Summary

On October 27, 2022, MGIC Investment Corporation (NYSE: MTG) declared a quarterly cash dividend of $0.10 per share, payable on November 23, 2022. This dividend is for shareholders of record as of November 10, 2022. MGIC helps lenders provide affordable low-down-payment mortgages through private mortgage insurance, contributing to homeownership across the U.S. and Puerto Rico.

Positive

• Quarterly cash dividend of $0.10 per share supports shareholder income.
• Confidence in business model highlighted by consistent dividend payment.

Negative

• None.

MILWAUKEE, Oct. 27, 2022 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its board of directors declared a quarterly cash dividend of $0.10 per share payable on November 23, 2022, to shareholders of record as of November 10, 2022. 

About MGIC

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, and it 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

FAQ

What is the dividend amount declared by MTG?

MGIC Investment Corporation declared a quarterly cash dividend of $0.10 per share.

When is the dividend payable for MTG?

The dividend is payable on November 23, 2022.

What is the record date for MTG's dividend?

The record date for the dividend is November 10, 2022.

How often does MTG pay dividends?

MTG typically pays dividends quarterly.

What does MGIC Investment Corporation do?

MGIC provides private mortgage insurance, facilitating low-down-payment mortgages for families.