MGIC Investment Announces Quarterly Dividend of $0.08 Per Share

Rhea-AI Summary

MGIC Investment Corporation (NYSE: MTG) announced a quarterly cash dividend of $0.08 per share, payable on March 2, 2022. Shareholders of record as of February 16, 2022 will be eligible to receive the dividend. This decision reinforces MGIC's commitment to returning value to its shareholders while supporting homeownership through affordable mortgage insurance. MGIC operates across the United States and Puerto Rico, assisting lenders in offering low-down-payment mortgages.

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• Quarterly cash dividend of $0.08 per share announced, reinforcing shareholder value.

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MILWAUKEE, Jan. 25, 2022 /PRNewswire/ --  MGIC Investment Corporation (NYSE: MTG) announced that its board of directors declared a quarterly cash dividend of $0.08 per share payable on March 2, 2022, to shareholders of record as of February 16, 2022. 

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 announced by MGIC Investment Corporation?

MGIC announced a quarterly cash dividend of $0.08 per share.

When will MGIC's dividend be paid?

The dividend will be payable on March 2, 2022.

What is the record date for MGIC's dividend?

The record date for the dividend is February 16, 2022.