Essent Group (ESNT) Raises Quarterly Dividend 6.7% to $0.16; 1.2% Yield

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Essent Group Ltd. Reports Fourth Quarter 2019 Results & Increases Quarterly Dividend

February 14, 2020 6:30 AM EST

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended December 31, 2019 of $147.0 million or $1.49 per diluted share, compared to $128.5 million or $1.31 per diluted share for the quarter ended December 31, 2018. For the full year 2019, net income was $555.7 million.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on March 20, 2020, to shareholders of record on March 10, 2020.

We are pleased with our strong financial results for both the fourth quarter and full year 2019 as... More