MGIC Investment Increases Dividend by 15%

Dow Jones

Jul 25

By Connor Hart

MGIC Investment raised its quarterly dividend to 15 cents a share from 13 cents.

The new payout, equal to 60 cents a year, represents an annual yield of about 2.3% based on Wednesday's closing price of $25.74.

The Milwaukee provider of mortgage insurance said Thursday that the higher dividend will be paid on Aug. 21 to shareholders of record as of Aug. 7.

MGIC last increased its quarterly dividend about a year ago.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

July 24, 2025 12:53 ET (16:53 GMT)

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