MGIC Investment Corporation Raises Quarterly Dividend by 13% to $0.17

Dividend Increase Details

MGIC Investment Corporation (NYSE: MTG) announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share. This represents a 13% increase from the previous quarterly dividend of $0.15 per share. The dividend is payable on August 20, 2026, to shareholders of record as of August 5, 2026.

Company Background

MGIC Investment Corporation is the parent company of Mortgage Guaranty Insurance Corporation (MGIC), a leading provider of private mortgage insurance. MGIC's solutions support credit risk management for mortgage lenders and investors, and help borrowers qualify for mortgages with lower down payments. As a longstanding participant in the private mortgage insurance industry, MGIC continues to serve as a partner to lenders nationwide.

Dividend History and Outlook

This dividend increase marks the latest in a series of payments by MGIC Investment Corporation. The company has a history of returning capital to shareholders through dividends. For detailed information on past payouts, refer to the company's dividend history.

What it means for income investors

The 13% dividend increase reflects the company's current financial position and commitment to shareholder returns. With a new quarterly rate of $0.17 per share, the annualized dividend stands at $0.68 per share. Income-focused investors may note this growth as part of the company's ongoing capital allocation strategy.

Reporting based on: Yahoo Finance. Figures verified against market data where available.