Radian Announces Increase to Quarterly Dividend
WAYNE, Pa.--(BUSINESS WIRE)--Feb. 12, 2025--
Radian Group Inc. (NYSE: RDN) announced today its plans to continue the return of capital to stockholders through an increased quarterly dividend. The company’s Board of Directors approved a quarterly dividend of $0.255 per share, an increase of 4.1 percent from the previous quarterly dividend. The dividend is payable on March 11, 2025, to stockholders of record as of February 24, 2025. This marks the sixth consecutive year that the company has raised its quarterly dividend, which has more than doubled over the past five years.
Chief Executive Officer Rick Thornberry commented, "Radian's financial strength and strategic flexibility empower us to continue to return capital to our stockholders. By increasing our dividend, we underscore our commitment to delivering value. Our regular dividend yield remains the highest in the private mortgage insurance industry, reflecting our unwavering dedication to shareholder returns and financial excellence."
About Radian
Radian is a catalyst for homeownership that transforms risk into opportunity through services and technologies that empower housing and capital market participants to act with confidence. The Radian family of companies is shaping the future of mortgage and real estate services through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. Visit radian.com to see how we’re creating possibilities for a place to call home.
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For Investors:
Dan Kobell - Phone: 215.231.1113
email: daniel.kobell@radian.com
For the Media:
Rashi Iyer - Phone 215.231.1167
email: rashi.iyer@radian.com
Source: Radian Group Inc.
