Radian Group Inc. (NYSE:RDN – Get Free Report) declared a quarterly dividend on Wednesday, February 11th. Stockholders of record on Monday, February 23rd will be given a dividend of 0.255 per share by the insurance provider on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, February 23rd.
Radian Group has increased its dividend payment by an average of 1.5%per year over the last three years and has increased its dividend every year for the last 6 years. Radian Group has a dividend payout ratio of 25.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Radian Group to earn $3.92 per share next year, which means the company should continue to be able to cover its $1.02 annual dividend with an expected future payout ratio of 26.0%.
Radian Group Stock Up 3.6%
Shares of RDN opened at $34.23 on Thursday. The company has a market capitalization of $4.64 billion, a P/E ratio of 8.54 and a beta of 0.81. Radian Group has a one year low of $29.32 and a one year high of $38.84. The business’s 50 day simple moving average is $34.67 and its 200-day simple moving average is $34.68. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.67 and a quick ratio of 1.67.
Radian Group Company Profile
Radian Group Inc (NYSE:RDN) is a leading provider of private mortgage insurance and related risk management solutions in the United States. Through its primary subsidiary, Radian Guaranty Inc, the company underwrites borrower-paid and lender-paid mortgage insurance that protects lenders and investors from potential losses arising from borrower defaults. Radian’s core business focuses on supporting residential mortgage originations and servicing by offering capital-efficient credit protection and credit risk transfer strategies.
Beyond mortgage insurance, Radian offers an array of real estate transaction services under its Radian Title division.
See Also
- Five stocks we like better than Radian Group
- Is THIS the Next Big Money Rush?
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Wall Street Legend Names #1 Stock of 2026 Live On-Camera
- ISPC: From Small Cap to Life Sciences Market Disruptor!
- The Crash Has Already Started (Most Just Don’t See It Yet)
Receive News & Ratings for Radian Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radian Group and related companies with MarketBeat.com's FREE daily email newsletter.
