STEWART INFORMATION SERVICES CORPORATION ANNOUNCES CASH DIVIDEND

Rhea-AI Summary

On March 1, 2023, Stewart Information Services Corporation (NYSE:STC) announced a cash dividend of $0.45 per share for Q1 2023. The dividend is payable on March 31, 2023 to common stockholders of record as of March 15, 2023. This distribution reflects the company's commitment to returning value to shareholders and indicates a stable financial performance.

Positive

• Declaration of a cash dividend of $0.45 per share for Q1 2023.
• Dividend payment date set for March 31, 2023, which indicates the company's ongoing profitability.

Negative

• None.

News Market Reaction – STC

-2.75%

-2.75% Session move

In the trading session that priced this news, STC declined 2.75%, reflecting a moderate negative 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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HOUSTON, March 1, 2023 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced that its Board of Directors declared a cash dividend of $0.45 per share for the first  quarter 2023, payable March 31, 2023, to common stockholders of record on March 15, 2023.

About Stewart
Stewart Information Services Corporation (NYSE:STC) is a global real estate services company, offering products and services through our direct operations, network of Stewart Trusted Providers™ and family of companies. From residential and commercial title insurance and closing and settlement services to specialized offerings for the mortgage industry, we offer the comprehensive service, deep expertise and solutions our customers need for any real estate transaction. Learn more at stewart.com. ST-IR

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SOURCE Stewart Information Services Corporation

FAQ

What is the dividend amount declared by STC for Q1 2023?

Stewart Information Services Corporation declared a dividend of $0.45 per share for Q1 2023.

When will the dividend for STC be paid?

The dividend will be paid on March 31, 2023.

Who are the common stockholders eligible for the STC dividend?

Common stockholders of record on March 15, 2023, are eligible for the dividend.

What is the significance of the STC dividend announcement?

The dividend announcement indicates the company's commitment to returning value to shareholders and reflects its financial health.