Today, March 12, 2024, Radian Group RDN will distribute a dividend payout of $0.24 per share, highlighting an annualized dividend yield of 3.51%. Shareholders who owned the stock before the ex-dividend date on February 23, 2024 will be eligible for this payout.
Radian Group Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-02-23 | 4 | $0.24 | 3.51% | 2024-02-14 | 2024-02-26 | 2024-03-12 |
| 2023-11-24 | 4 | $0.23 | 3.37% | 2023-11-15 | 2023-11-27 | 2023-12-12 |
| 2023-08-18 | 4 | $0.23 | 3.21% | 2023-08-09 | 2023-08-21 | 2023-09-06 |
| 2023-05-26 | 4 | $0.23 | 3.6% | 2023-05-17 | 2023-05-30 | 2023-06-14 |
| 2023-02-24 | 4 | $0.23 | 4.07% | 2023-02-15 | 2023-02-27 | 2023-03-15 |
| 2022-11-18 | 4 | $0.2 | 3.89% | 2022-11-09 | 2022-11-21 | 2022-12-02 |
| 2022-08-19 | 4 | $0.2 | 3.6% | 2022-08-10 | 2022-08-22 | 2022-09-01 |
| 2022-05-20 | 4 | $0.2 | 3.75% | 2022-05-11 | 2022-05-23 | 2022-06-03 |
| 2022-02-17 | 4 | $0.2 | 3.32% | 2022-02-09 | 2022-02-21 | 2022-03-03 |
| 2021-11-19 | 4 | $0.14 | 2.51% | 2021-11-10 | 2021-11-22 | 2021-12-03 |
| 2021-08-20 | 4 | $0.14 | 2.42% | 2021-08-11 | 2021-08-23 | 2021-09-02 |
| 2021-05-21 | 4 | $0.14 | 2.27% | 2021-05-04 | 2021-05-24 | 2021-06-04 |
Radian Group's dividend yield falls in the middle range when compared to its industry peers, with Greystone Housing Impact GHI having the highest annualized dividend yield at 8.82%.
Analyzing Radian Group Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2020 and 2023. The dividend per share rose from $0.50 to $0.90, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Radian Group
The earnings chart illustrates an increase in Radian Group's earnings per share, from $1.89 in 2020 to $3.98 in 2023. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
This article takes an in-depth look at Radian Group's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.24 per share today, translating to an annualized dividend yield of 3.51%.
Radian Group's dividend yield falls in the middle range when compared to its industry peers, with Greystone Housing Impact having the highest annualized dividend yield at 8.82%.
The upward trend in dividend per share and earnings per share for Radian Group from 2020 to 2023 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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