Enact Announces Quarterly Dividend

Rhea-AI Summary

Enact Holdings, Inc. (Nasdaq: ACT) announced a quarterly dividend of $0.14 per share, set to be paid on September 9, 2022, to shareholders on record by August 26, 2022. The dividend reflects the company's ongoing commitment to returning value to shareholders. Enact is a prominent provider of private mortgage insurance, dedicated to enhancing homeownership opportunities while maintaining a strong financial foundation.

Positive

• Quarterly dividend of $0.14 per share announced.
• Dividend payment scheduled for September 9, 2022.
• Demonstrates company commitment to shareholder returns.

Negative

• None.

RALEIGH, N.C., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.14 per common share, payable on September 9, 2022, to shareholders of record on August 26, 2022. Future dividends will be subject to Board approval.

About Enact Holdings, Inc.
Enact (Nasdaq: ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders' businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading underwriting expertise, and extensive risk and capital management to the mortgage process, helping to put more people in homes and keep them there. By empowering customers and their borrowers, Enact seeks to positively impact the lives of those in the communities in which it serves in a sustainable way. Enact is headquartered in Raleigh, North Carolina.

FAQ

What is the dividend amount for Enact Holdings, Inc. (ACT)?

The dividend amount is $0.14 per common share.

When will the dividend be paid to shareholders of Enact Holdings?

The dividend will be paid on September 9, 2022.

What is the record date for the dividend payment from Enact Holdings?

The record date for the dividend payment is August 26, 2022.

Are future dividends guaranteed for Enact Holdings, Inc. (ACT)?

Future dividends are subject to Board approval.

How does Enact Holdings, Inc. support homeownership?

Enact Holdings provides private mortgage insurance, helping people achieve homeownership.