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MGIC Investment Corporation Announces an Increase to Quarterly Dividend

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MGIC Investment (NYSE: MTG) has announced a 13% increase in its quarterly cash dividend. The new dividend of $0.13 per share is up from the previous $0.115 per share. This increased dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024. The decision to raise the dividend was made by the company's Board of Directors, signaling confidence in MGIC's financial position and commitment to returning value to shareholders.

MGIC Investment (NYSE: MTG) ha annunciato un incremento del 13% nel suo dividendo trimestrale in contante. Il nuovo dividendo sarà di 0,13 $ per azione, rispetto ai precedenti 0,115 $ per azione. Questo dividendo aumentato sarà pagato il 22 agosto 2024, agli azionisti registrati al 8 agosto 2024. La decisione di aumentare il dividendo è stata presa dal Consiglio di Amministrazione dell'azienda, a testimonianza della fiducia nella posizione finanziaria di MGIC e dell'impegno a restituire valore agli azionisti.

MGIC Investment (NYSE: MTG) ha anunciado un aumento del 13% en su dividendo trimestral en efectivo. El nuevo dividendo será de 0,13 $ por acción, en comparación con el anterior de 0,115 $ por acción. Este dividendo incrementado se pagará el 22 de agosto de 2024, a los accionistas que estén registrados a partir del 8 de agosto de 2024. La decisión de aumentar el dividendo fue tomada por la Junta Directiva de la empresa, lo que señala confianza en la posición financiera de MGIC y su compromiso de devolver valor a los accionistas.

MGIC Investment (NYSE: MTG)는 분기 현금 배당금을 13% 인상했다고 발표했습니다. 새로운 배당금은 주당 0.13달러로, 이전의 주당 0.115달러에서 증가한 것입니다. 이 증가된 배당금은 2024년 8월 22일에 지급될 예정이며, 2024년 8월 8일 기준의 주주들에게 지급됩니다. 배당금 인상 결정은 회사 이사회에 의해 이루어졌으며, 이는 MGIC의 재무 상태에 대한 신뢰와 주주 가치를 환원하려는 의지를 나타냅니다.

MGIC Investment (NYSE: MTG) a annoncé une augmentation de 13% de son dividende trimestriel en espèces. Le nouveau dividende s’élève à 0,13 $ par action, contre 0,115 $ par action précédemment. Ce dividende augmenté sera versé le 22 août 2024, aux actionnaires inscrits au 8 août 2024. La décision d’augmenter le dividende a été prise par le conseil d'administration de l'entreprise, signalant ainsi la confiance dans la position financière de MGIC et l'engagement à restituer de la valeur aux actionnaires.

MGIC Investment (NYSE: MTG) hat eine Erhöhung von 13% bei seiner vierteljährlichen Barausschüttung bekannt gegeben. Die neue Dividende beträgt 0,13 $ pro Aktie, im Vergleich zu zuvor 0,115 $ pro Aktie. Diese erhöhte Dividende wird am 22. August 2024 an die Aktionäre ausgezahlt, die am 8. August 2024 im Aktienregister stehen. Die Entscheidung zur Erhöhung der Dividende wurde vom Vorstand des Unternehmens getroffen, was Vertrauen in die finanzielle Lage von MGIC und das Engagement zur Rückgabe von Wert an die Aktionäre signalisiert.

Positive
  • 13% increase in quarterly dividend from $0.115 to $0.13 per share
  • Signals company confidence in financial position
  • Increased income for shareholders
Negative
  • None.

MILWAUKEE, July 25, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors declared a quarterly cash dividend of $0.13 per share, an increase of 13% from the last quarterly dividend paid of $0.115 per share. This quarter's dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024. 

About MGIC

Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, 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, and it 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.

Cision View original content:https://www.prnewswire.com/news-releases/mgic-investment-corporation-announces-an-increase-to-quarterly-dividend-302206900.html

SOURCE MGIC Investment Corporation

FAQ

What is the new quarterly dividend amount for MGIC Investment (MTG)?

The new quarterly dividend amount for MGIC Investment (MTG) is $0.13 per share.

When will MGIC Investment (MTG) pay its next dividend?

MGIC Investment (MTG) will pay its next dividend on August 22, 2024.

What is the record date for MGIC Investment 's (MTG) upcoming dividend?

The record date for MGIC Investment 's (MTG) upcoming dividend is August 8, 2024.

By what percentage did MGIC Investment (MTG) increase its quarterly dividend?

MGIC Investment (MTG) increased its quarterly dividend by 13%.

MGIC Investment Corp.

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