MGIC Investment Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.15 per share. This represents a 15% increase from the previous quarterly dividend of $0.13 per share. The dividend is payable on August 21, 2025, to shareholders of record as of August 7, 2025.
This dividend increase underscores the company's strong financial health and its commitment to returning capital to shareholders. A 15% hike signals management's confidence in the company's ongoing profitability and robust cash flow generation. It reflects a disciplined approach to capital management and a focus on long-term shareholder value.
The enhanced dividend payout is a direct benefit to investors seeking income and demonstrates the company's ability to support increased distributions. This action follows a period of consistent performance and solid capital accumulation, reinforcing MGIC's position as a financially stable entity.
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