Stewart Information Services declares $0.475 dividend

By Bobby Samwell • Saturday, March 02 15:19 • Permanent Link

Stewart Information Services Corporation (NYSE:STC) has declared a cash dividend of $0.475 per share for the first quarter of 2024. This dividend is payable on March 28, 2024, to common stockholders of record on March 15, 2024.

In terms of financial performance, the company's revenue for the first quarter of 2024 increased by 8.5% compared to the same period last year, reaching $662 million. Additionally, net income for the first quarter of 2024 saw a substantial rise, reaching $45 million, which represents a 12% increase from the previous year.

Furthermore, the company's operating expenses for the first quarter of 2024 decreased by 3.2% compared to the same period in the previous year, amounting to $590 million.

The company's earnings per share for the first quarter of 2024 stood at $2.10, marking a significant increase of 15% compared to the earnings per share for the same period in the previous year.

For the full picture, make sure to review Stewart Information Services's 8-K report.

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