First American Financial (FAF) Raises Quarterly Dividend 10.5% to $0.42; 3% Yield
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First American Financial (NYSE: FAF) declared a quarterly dividend of $0.42 per share, or $1.68 annualized. This is a 10.5% increase from the prior dividend of $0.38.
The dividend will be payable on September 17, 2018, to stockholders of record on September 10, 2018, with an ex-dividend date of September 7, 2018.
The annual yield on the dividend is 3 percent.
“This increase in the cash dividend reflects our positive, long-term outlook for our business and our steadfast commitment to deliver returns to our shareholders,” said Dennis J. Gilmore, chief executive officer at First American Financial Corporation.
For a dividend history and other dividend-related data on First American Financial (FAF) click here.
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