STEWART INFORMATION SERVICES CORPORATION ANNOUNCES DIVIDEND INCREASE AND DECLARES THIRD QUARTER DIVIDEND
Rhea-AI Summary
Stewart Information Services Corporation (NYSE:STC) has announced an increase in its annual cash dividend from $2.00 to $2.10 per share. The company will begin implementing this increase with its third quarterly payment of $0.525 per share for 2025.
The dividend will be payable on September 30, 2025, to common stockholders of record as of September 16, 2025. CEO Fred Eppinger emphasized that this decision aligns with Stewart's commitment to delivering consistent returns to shareholders through both operational performance and dividend payments.
Positive
- Dividend increase of 5% from $2.00 to $2.10 annually
- Demonstrates company's financial stability and commitment to shareholder returns
- Maintains consistent dividend payment schedule
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, STC gained 2.41%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The Stewart Board of Directors has approved an increase in the Company's annual cash dividend from
"I am pleased to announce this action in keeping with Stewart's goal of delivering a consistent return on capital to shareholders, both through its operational performance as well as the annual dividend," said Fred Eppinger, Stewart CEO.
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
View original content to download multimedia:https://www.prnewswire.com/news-releases/stewart-information-services-corporation-announces-dividend-increase-and-declares-third-quarter-dividend-302544038.html
SOURCE Stewart Information Services Corporation