Enact Reports Third Quarter 2024 Results And Announces Quarterly Dividend
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Enact Holdings reported strong third-quarter 2024 results with a GAAP net income of $181 million and announced a quarterly dividend of $0.185 per share. The company showed a 2% increase in primary insurance in-force and a return on equity of 14.7%.
November 06, 2024 | 9:30 pm
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Enact Holdings reported a GAAP net income of $181 million for Q3 2024 and announced a quarterly dividend of $0.185 per share. The company also saw a 2% increase in primary insurance in-force.
The strong financial results and the announcement of a dividend are positive indicators for investors, likely leading to a short-term increase in stock price. The increase in primary insurance in-force and high return on equity further support this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100