MGIC Investment - 31 Year Dividend History | MTG
Historical dividend payout and yield for MGIC Investment (MTG) since 1993. The current TTM dividend payout for MGIC Investment (MTG) as of October 31, 2024 is $0.52. The current dividend yield for MGIC Investment as of October 31, 2024 is 2.08%.
| Sector |
Industry |
Market Cap |
Revenue |
| Finance |
Multi-Line Insurance Providers |
$6.491B |
$1.155B |
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MGIC Investment Corp. is the parent company of Mortgage Guaranty Insurance Corporation, a private mortgage insurer. It established the private mortgage insurance industry to provide a private market alternative to federal government insurance programs for families wanting to buy a home. With a focus on sustainable home ownership, MGIC Investment provides a critical component of the country's residential mortgage finance system by protecting mortgage investors from credit losses. MGIC Investment Corporation primarily covers single-family, first-time mortgage loans by providing primary insurance to cushion lenders against non-payment of individual loans and expands home ownership opportunities by enabling people to purchase homes with smaller down payments. Through its wholly-owned subsidiaries, the company provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. The company offers mortgage insurance via Primary Insurance and Other Insurance.
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