On September 1, 2022, Stewart Information Services (STC) announced a 20% dividend hike to $0.45 quarterly per share. This increased dividend will be paid on September 30, 2022 to shareholders of record on September 15, 2022. The dividend yield is 3.6% at a stock price of $50.12.
"I am pleased to announce this action in keeping with Stewart's goal of delivering a consistent return on capital to shareholders, both through its operational performance as well as the annual dividend," said Fred Eppinger, Stewart CEO.
| Stewart Information Services (STC) Dividend history and dividend growth statistics | |
| Company name | Stewart Information Services Corp |
| Ticker symbol | STC |
| ISIN-code | US8603721015 |
| company website | https://www.stewart.com |
| Sector | Financials |
| Business | Property & Casualty Insurance |
| Dividend paid since | 2005 |
| Track record (years increased) | 2 |
| Payment Frequency | Quarterly dividend |
| Dividend growth: 5 year average | 8.4% |
| Next dividend per share | $0.45 |
| Annual dividend per share | $1.80 |
| Dividend yield* | 3.6% |
| Stock price* | $50.12 |
| YTD Total Return* | -36.3% |
| Next ex-dividend date | September 14, 2022 |
| Next payment date | September 30, 2022 |
| Market cap (in $B)* | 1.36 |
| Total dividend (in $B) | 0.05 |
| © www.dividendhike.com | *As of September 1, 2022 |
Stewart Information Services Corporation is a global real estate services company, offering products and services through its direct operations, network of Stewart Trusted Providers™ and family of companies. STC operates through two segments: title insurance and ancillary services and corporate. The title segment provides services needed to transfer title to property in a real estate transaction and includes services, such as searching, examining, closing and insuring the condition of the title to the property. STC has business in the United States and has a presence in Australia, Canada and other countries.
2022