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Stewart Information Services Corporation announces Cash Dividend

Stewart Information Services Corporation (NYSE:STC) declared a cash dividend of $0.30 per share for Q3 2020, payable on September 30, 2020.

(Neutral)

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Rhea-AI Summary

Stewart Information Services Corporation (NYSE:STC) declared a cash dividend of $0.30 per share for Q3 2020, payable on September 30, 2020. Shareholders on record by September 15, 2020 will receive this dividend. The company, a leader in global real estate services, emphasizes building strong relationships in every transaction, providing a robust range of title insurance and settlement services for both residential and commercial sectors. This move reflects Stewart's commitment to shareholder value amidst its operations.

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Positive

  • Declared a cash dividend of $0.30 per share, indicating strong financial health and commitment to returning value to shareholders.

Negative

  • None.
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+5.93% session move Open Argus
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News Market Reaction – STC

The recorded move for STC in the trading session of this news was +5.93%.

Data tracked by StockTitan Argus. Session date unavailable.

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HOUSTON, Aug. 31, 2020 /PRNewswire/ -- Stewart Information Services Corporation (NYSE:STC) today announced that its Board of Directors declared a cash dividend of $0.30 per share for the third quarter 2020, payable September 30, 2020, to common stockholders of record on September 15, 2020. 

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. At Stewart, we believe in building strong relationships – and these partnerships are the cornerstone of every closing, every transaction and every deal. Stewart. Real partners. Real possibilities.™ More information can be found at http://www.stewart.com, subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter® @stewarttitleco.

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SOURCE Stewart Information Services Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by STC for Q3 2020?

The cash dividend declared by Stewart Information Services Corporation (STC) for Q3 2020 is $0.30 per share.

When will the cash dividend for STC be paid?

The cash dividend for STC will be paid on September 30, 2020.

What is the record date for the dividend payment by STC?

The record date for the dividend payment by STC is September 15, 2020.

How often does STC declare dividends?

STC typically declares dividends quarterly, as seen with this Q3 dividend announcement.

What does the dividend declaration indicate about STC's financial health?

The dividend declaration suggests that STC maintains a solid financial position and is committed to returning profits to shareholders.

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