Fidelity National Financial (FNF) will raise its dividend by another 10 percent to $0.44 per share quarterly in 2021. This comes after a dividend hike of 11.1 percent to 40 cents quarterly that was announced in August. The total dividend increase announced YTD by FNF is 22.2 percent.
The ex-dividend date for the next FNF dividend of 44 cents is December 16, 2021. The new dividend yield is 3.5% at a stock price of $50.66 and based on a new annual dividend rate of $1.76 per share. FNF has now raised its dividend for 10 consecutive years.
Fidelity National Financial, Inc. is a provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York. The company went public in 1987 and has paid a dividend every year since 2006.