MGIC Investment Announces Quarterly Dividend of $0.06 Per Share
The Company announced that because of the increased strength of its financial position the Company determined that commencing a quarterly dividend was appropriate. It further announced that consistent with prior practices, before approving any future quarterly cash dividends, the Board will consider, among other items, the outlook for continued profitability and the impact that future economic and housing market conditions may have on the Company's results and financial position.
The dividend is payable on
The principal subsidiary of
From time to time
Forward Looking Statements
All statements in this press release that address events, developments or results that we expect or anticipate may occur in the future are "forward looking statements." Forward looking statements consist of statements that relate to matters other than historical fact. In most cases, forward looking statements may be identified by words such as "believe," "anticipate" or "expect," or words of similar import. These statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management's current views and assumptions with respect to future events. Any forward looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward looking statement. These statements speak only as of the date they were made; we undertake no obligation to update any forward looking statements or other statements we may make in this press release even though these statements may be affected by events or circumstances occurring after the forward looking statements or other statements were made.
The forward looking statements, as well as our prospects as a whole, are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward looking statements. For more information regarding these risks and uncertainties as well as certain additional risks that we face, you should refer to the Risk Factors detailed in Item 1A of our 2018 Form 10-K, and to subsequent reports filed from time to time with the
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