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First American Financial Corporation Increases Quarterly Cash Dividend to 54 Cents Per Share

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First American Financial (NYSE: FAF), a leading provider of title, settlement, and risk solutions for real estate transactions, has announced a 2% increase in its quarterly cash dividend. The board of directors has declared a new dividend of 54 cents per common share, up from the previous 53 cents. This increase reflects the company's confidence in its business outlook and commitment to shareholder returns. The dividend will be payable on September 27, 2024, to shareholders of record as of September 20, 2024. CEO Ken DeGiorgio emphasized the company's ongoing dedication to returning capital to shareholders through this dividend hike.

First American Financial (NYSE: FAF), un fornitore leader di soluzioni per titoli, transazioni e gestione del rischio per operazioni immobiliari, ha annunciato un aumento del 2% nel suo dividendo in contante trimestrale. Il consiglio di amministrazione ha dichiarato un nuovo dividendo di 54 centesimi per azione ordinaria, rispetto ai precedenti 53 centesimi. Questo aumento riflette la fiducia dell'azienda nelle proprie prospettive di business e il suo impegno per i ritorni agli azionisti. Il dividendo sarà pagabile il 27 settembre 2024, agli azionisti registrati al 20 settembre 2024. Il CEO Ken DeGiorgio ha sottolineato la continua dedizione dell'azienda nel restituire capitale agli azionisti attraverso questo aumento del dividendo.

First American Financial (NYSE: FAF), un proveedor líder de soluciones de títulos, liquidación y riesgo para transacciones inmobiliarias, ha anunciado un incremento del 2% en su dividendo en efectivo trimestral. La junta directiva ha declarado un nuevo dividendo de 54 centavos por acción ordinaria, aumentando desde los anteriores 53 centavos. Este aumento refleja la confianza de la empresa en sus perspectivas comerciales y su compromiso con los retornos para los accionistas. El dividendo será pagadero el 27 de septiembre de 2024, a los accionistas registrados a partir del 20 de septiembre de 2024. El CEO Ken DeGiorgio destacó la continua dedicación de la empresa a devolver capital a los accionistas a través de este aumento en el dividendo.

퍼스트 아메리칸 파이낸셜 (NYSE: FAF)은 부동산 거래를 위한 자산, 정산 및 리스크 솔루션의 주요 공급업체로, 분기 현금 배당금을 2% 인상한다고 발표했습니다. 이사회는 보통주 54센트의 새로운 배당금을 선언했으며, 이전의 53센트에서 증가한 것입니다. 이 증가는 회사의 비즈니스 전망에 대한 자신감과 주주 수익에 대한 헌신을 반영합니다. 배당금은 2024년 9월 27일에 지급되며, 2024년 9월 20일 기준으로 주주에게 지급됩니다. CEO 켄 디조르지오는 이 배당 인상을 통해 주주에게 자본을 환원하려는 회사의 지속적인 헌신을 강조했습니다.

First American Financial (NYSE: FAF), un fournisseur de premier plan de solutions de titres, de règlement et de gestion des risques pour les transactions immobilières, a annoncé une augmentation de 2% de son dividende trimestriel en espèces. Le conseil d'administration a déclaré un nouveau dividende de 54 cents par action ordinaire, en hausse par rapport aux précédents 53 cents. Cette augmentation reflète la confiance de l'entreprise dans ses perspectives commerciales et son engagement envers les rendements des actionnaires. Le dividende sera payable le 27 septembre 2024 aux actionnaires inscrits au 20 septembre 2024. Le PDG Ken DeGiorgio a souligné l'engagement constant de l'entreprise à restituer du capital aux actionnaires par le biais de cette augmentation de dividende.

First American Financial (NYSE: FAF), ein führender Anbieter von Titel-, Abwicklungs- und Risikolösungen für Immobilientransaktionen, hat eine 2%-Erhöhung seiner vierteljährlichen Barausschüttung bekanntgegeben. Der Vorstand hat eine neue Dividende von 54 Cent pro Stammaktie erklärt, ein Anstieg gegenüber den bisherigen 53 Cent. Diese Erhöhung spiegelt das Vertrauen des Unternehmens in seine Geschäftsaussichten und das Engagement für die Rendite der Aktionäre wider. Die Dividende wird am 27. September 2024 an die Aktionäre gezahlt, die am 20. September 2024 im Register stehen. CEO Ken DeGiorgio betonte das fortwährende Engagement des Unternehmens, Kapital an die Aktionäre durch diese Dividendenerhöhung zurückzugeben.

Positive
  • Quarterly cash dividend increased by 2% to 54 cents per common share
  • Management expresses confidence in the company's business outlook
  • Demonstrates commitment to returning capital to shareholders
Negative
  • None.

SANTA ANA, Calif.--(BUSINESS WIRE)-- First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, today announced that its board of directors has declared a quarterly cash dividend of 54 cents per common share, a 2 percent increase over the prior level of 53 cents per common share.

“This increase in our cash dividend reflects our continued confidence in the outlook for our business and our ongoing commitment to return capital to our shareholders,” said Ken DeGiorgio, chief executive officer of First American Financial Corporation.

The cash dividend is payable on September 27, 2024 to shareholders of record as of September 20, 2024.

About First American

First American Financial Corporation (NYSE: FAF) is a premier provider of title, settlement and risk solutions for real estate transactions. With its combination of financial strength and stability built over more than 135 years, innovative proprietary technologies, and unmatched data assets, the company is leading the digital transformation of its industry. First American also provides data products to the title industry and other third parties; valuation products and services; mortgage subservicing; home warranty products; banking, trust and wealth management services; and other related products and services. With total revenue of $6.0 billion in 2023, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2024, First American was named one of the 100 Best Companies to Work For by Great Place to Work® and Fortune Magazine for the ninth consecutive year, and named one of the 100 Best Workplaces for Innovators by Fast Company for the second consecutive year. More information about the company can be found at www.firstam.com.

Media Contact:

Marcus Ginnaty

Corporate Communications

First American Financial Corporation

714-250-3298

Investor Contact:

Craig Barberio

Investor Relations

First American Financial Corporation

714-250-5214

Source: First American Financial Corporation

FAQ

What is the new quarterly dividend for First American Financial (FAF)?

First American Financial (FAF) has increased its quarterly cash dividend to 54 cents per common share, up from 53 cents previously.

When will First American Financial (FAF) pay its next dividend?

The next dividend payment for First American Financial (FAF) is scheduled for September 27, 2024.

What is the record date for First American Financial's (FAF) September 2024 dividend?

The record date for First American Financial's (FAF) September 2024 dividend is September 20, 2024.

By what percentage did First American Financial (FAF) increase its quarterly dividend?

First American Financial (FAF) increased its quarterly dividend by 2%, from 53 cents to 54 cents per common share.

First American Financial Corporation

NYSE:FAF

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6.73B
103.72M
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1.05%
Insurance - Specialty
Title Insurance
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United States of America
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