Enact Holdings, Inc. operates as a private mortgage insurance company in the United States. The company is involved in writing and assuming residential mortgage guaranty insurance. It offers private mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and contract underwriting services for mortgage lenders. The company was formerly known as Genworth Mortgage Holdings, Inc. and changed its name to Enact Holdings, Inc. in May 2021. Enact Holdings, Inc. was founded in 1981 and is headquartered in Raleigh, North Carolina. Enact Holdings, Inc. is a subsidiary of Genworth Holdings, Inc.
Enact Dividend Announcement
• Enact announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-09-09. Ex dividend date: 2024-08-28
• Enact annual dividend for 2024 was $0.71
• Enact annual dividend for 2023 was $1.33
• Enact's trailing twelve-month (TTM) dividend yield is 4.89%
• Enact's payout ratio for the trailing twelve months (TTM) is 32.88%
Enact Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-28 | $0.18 | quarterly | 2024-09-09 |
2024-05-31 | $0.18 | quarterly | 2024-06-13 |
2024-05-29 | $0.18 | quarterly | 2024-06-13 |
2024-02-27 | $0.16 | quarterly | 2024-03-13 |
2023-11-15 | $0.87 | quarterly | 2023-12-05 |
2023-08-30 | $0.16 | quarterly | 2023-09-13 |
2023-05-30 | $0.16 | quarterly | 2023-06-14 |
2023-02-22 | $0.14 | quarterly | 2023-03-09 |
2022-11-17 | $1.26 | quarterly | 2022-12-06 |
2022-08-25 | $0.14 | quarterly | 2022-09-09 |
2022-05-06 | $0.14 | quarterly | 2022-05-26 |
2021-11-24 | $1.23 | quarterly | 2021-12-15 |
Enact Dividend per year
Enact Dividend growth
Enact Dividend Yield
Enact current trailing twelve-month (TTM) dividend yield is 4.89%. Interested in purchasing Enact stock? Use our calculator to estimate your expected dividend yield:
Enact Financial Ratios
Enact Dividend FAQ
Other factors to consider when evaluating Enact as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Enact's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Enact publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Enact distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Enact are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Enact sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Enact distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Enact declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Enact's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Enact's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.