MGIC Investment Corp（MTG）のニュースとイベントMTGMGIC Investment Corp

MGIC Investment Declares Quarterly Cash Dividend of 17 Cents

MGIC Investment announced that its board of directors declared a quarterly cash dividend of 17c per share, an increase of 13% from the last quarterly dividend paid of 15c per share. This quarter's dividend will be payable on August 20 to shareholders of record as of August 5.

Company Reports Q1 Revenue of $297.08M, Below Expectations

Reports Q1 revenue $297.08M, consensus $303.12M. CEO Tim Mattke said, "We had a strong start to the year, successfully executing on our business strategies and generating solid first quarter results. We achieved a return on equity of 13% while continuing to return meaningful capital to our shareholders. We are well-positioned to navigate dynamic environments, supported by our deep industry expertise, strong balance sheet, and disciplined approach to capital allocation. Our continued focus and commitment to meet our customers' evolving needs has allowed us to drive long-term shareholder value".

MGIC Investment Approves $750M Share Repurchase Program

MGIC Investment announced its board has approved an additional share repurchase program with authorization to purchase up to $750M of its common stock at any time prior to December 31, 2028. The company also announced that its board declared a quarterly cash dividend of 15c per share payable on May 21, to shareholders of record as of May 6.