WAYNE, PA — Radian Group Inc. (NYSE: RDN) has declared a quarterly dividend of $0.245 per share on its common stock, payable on September 11, 2024, to stockholders of record as of August 26, 2024. This decision reflects the company’s solid financial performance and commitment to returning value to shareholders.
Radian Group Inc., headquartered in Pennsylvania, specializes in mortgage insurance and real estate services. The company operates through two primary segments: Mortgage Insurance and Homegenius.
The Mortgage Insurance segment provides private mortgage insurance, safeguarding lenders from default-related losses and facilitating the sale of low-down-payment mortgages in the secondary market. It also offers various credit risk management solutions, including contract underwriting.
Homegenius, the real estate services arm, offers a comprehensive suite of services such as title services, tax and title data, centralized recording, document retrieval, and default curative title services. Additionally, it provides real estate valuation products, asset management for real estate-owned properties, and a range of real estate technology solutions to streamline transactions.
Radian Group Inc. is dedicated to delivering innovative solutions in the mortgage and real estate sectors, helping clients manage risk and achieve their financial objectives. The dividend announcement underscores the company’s robust operational performance and ongoing commitment to its shareholders.
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