MGIC Investment Corp Increases Quarterly Dividend From $0.115 To $0.13 Per Share
Portfolio Pulse from Benzinga Newsdesk
MGIC Investment Corporation (NYSE:MTG) announced a 13% increase in its quarterly dividend, raising it from $0.115 to $0.13 per share. The dividend will be payable on August 22, 2024, to shareholders of record as of August 8, 2024.
July 25, 2024 | 5:10 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
MGIC Investment Corporation has increased its quarterly dividend by 13%, signaling strong financial health and commitment to returning value to shareholders. This move is likely to positively impact the stock price in the short term.
The increase in the quarterly dividend by 13% indicates that MGIC Investment Corporation is performing well financially and is committed to returning value to its shareholders. This positive signal is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100