WAYNE, PA — Radian Group Inc. (NYSE: RDN), a prominent player in the insurance and financial services sector, has declared a regular quarterly dividend on its common stock. The company’s Board of Directors approved the dividend of $0.225 per share, demonstrating Radian’s strong commitment to delivering shareholder value.
The dividend is payable on December 12, 2023, to stockholders of record as of November 27, 2023. This announcement follows Radian’s pattern of regular quarterly dividends, providing a reliable income stream for its shareholders.
Radian Group Inc.’s dividend declaration comes on the back of solid performance and robust financial health. In the quarter ending September 2023, Radian Group Inc. reported a dividend yield of 3.83%.
The company’s consistent dividend payments reflect its strong cash position and confidence in its long-term business prospects. Given Radian’s track record, shareholders can look forward to receiving their dividends promptly on the declared date.
This development underscores Radian’s strategic focus on enhancing investor returns while maintaining a strong balance sheet. As the company continues to navigate the financial landscape, it remains committed to delivering sustainable growth and profitability.
Shareholders and potential investors will be keenly watching Radian Group Inc.’s future announcements for further insights into the company’s financial performance and strategies for shareholder value enhancement.
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