Fidelity National Financial, Inc. Announces 9% Increase in Quarterly Cash Dividend

Rhea-AI Summary

Fidelity National Financial (NYSE: FNF) has declared a 9% increase in its quarterly cash dividend, raising it to $0.36 per share from $0.33. This dividend will be payable on December 31, 2020, to shareholders of record by December 17, 2020. Additionally, the company announced plans for $500 million in share repurchases over the next year, depending on market conditions. These moves reflect a commitment to returning capital to shareholders while strengthening its financial position.

Positive

• Dividend increased by 9% to $0.36 per share, signaling confidence in financial stability.
• $500 million share repurchase plan enhances shareholder value.

Negative

• None.

JACKSONVILLE, Fla., Oct. 28, 2020 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE:FNF) (the "Company") today announced that its Board of Directors has declared an increase in the Company's quarterly cash dividend of 9%, to $0.36 per share, from the previous quarterly cash dividend of $0.33 per share.  The dividend will be payable December 31, 2020, to stockholders of record as of December 17, 2020.  The Company also announced its plans for targeting $500 million of share repurchases, based on market conditions over the course of the next twelve months.

About Fidelity National Financial, Inc.
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at www.fnf.com.

About F&G
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of annuity and life insurance products and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.

FNF-D

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SOURCE Fidelity National Financial, Inc.

FAQ

What is the new dividend amount for Fidelity National Financial?

Fidelity National Financial has increased its quarterly cash dividend to $0.36 per share.

When will the new dividend be payable?

The new dividend will be payable on December 31, 2020.

What is the record date for the new dividend?

The record date for the new dividend is December 17, 2020.

What is the share repurchase plan amount announced by Fidelity National Financial?

Fidelity National Financial announced a $500 million share repurchase plan.