MGIC Investment Announces Quarterly Dividend of $0.06 Per Share

Rhea-AI Summary

The Board of Directors of MGIC Investment Corporation (MTG) has declared a quarterly cash dividend of $0.06 per share. This dividend is payable on May 27, 2021, to shareholders of record on May 13, 2021. MGIC provides private mortgage insurance, helping families achieve homeownership with affordable low-down-payment mortgages.

Positive

• Quarterly cash dividend of $0.06 per share declared.
• Dividend demonstrates company confidence and commitment to returning value to shareholders.

Negative

• None.

MILWAUKEE, April 29, 2021 /PRNewswire/ -- The Board of Directors of MGIC Investment Corporation (NYSE:MTG) today declared a quarterly cash dividend of $0.06 per share.

The dividend is payable on May 27, 2021, to shareholders of record on May 13, 2021. 

About MGIC

Mortgage Guaranty Insurance Corporation "MGIC" (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.

From time to time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing, and intends to continue to do so in the future. Such postings include corrections of previous disclosures, and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.

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SOURCE MGIC Investment Corporation

FAQ

What is the dividend amount declared by MGIC Investment for May 2021?

MGIC Investment has declared a quarterly dividend of $0.06 per share.

When is the dividend payable for MGIC Investment Corporation?

The dividend is payable on May 27, 2021.

What is the record date for the dividend payment of MTG?

The record date for the dividend payment is May 13, 2021.

How often does MGIC Investment Corporation pay dividends?

MGIC Investment Corporation typically pays dividends quarterly.