Last week, you might have seen that MGIC Investment Corporation (NYSE ... whether they think there's been a strong change in the company's prospects, or if it's business as usual.
And last week, MGIC paid a $400 million dividend to the holding company. The dividend from MGIC to the holding company reflected capital levels at MGIC that continue to be above our target.
MGIC Investment Corporation faces a significant financial risk due to its reliance on dividends from its insurance subsidiaries to meet its cash requirements at the holding company level.
This means that investors who purchase MGIC Investment's shares on or after the 7th of November will not receive the dividend, which will be paid on the 21st of November. The company's next ...
In the company's third quarter, MGIC earned $0.77 in adjusted EPS, which beat consensus by a dime. Revenue rose by 3% to $307 million. Earnings were up about 20% from last year, while they were ...
MILWAUKEE (AP) — MILWAUKEE (AP) — MGIC Investment Corp. (MTG) on Monday reported third-quarter net income of $200 million. The Milwaukee-based company said it had net income of 77 cents per share.
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