Essent Group (ESNT) Raises Quarterly Dividend 5% to $0.21; 2% Yield

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Go back to Essent Group (ESNT) Raises Quarterly Dividend 5% to $0.21; 2% Yield

Essent Group Ltd. Announces First Quarter 2022 Results and Increases Quarterly Dividend

May 6, 2022 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Essent Group Ltd. (NYSE: ESNT) today reported net income for the quarter ended March 31, 2022 of $274.2 million or $2.52 per diluted share, compared to $135.6 million or $1.21 per diluted share for the quarter ended March 31, 2021.

Essent also announced today that its Board of Directors has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on June 10, 2022, to shareholders of record on June 1, 2022.

Our strong results for the quarter reflect the continued favorable credit performance of our portfolio, said Mark A. Casale, Chairman and Chief Executive Officer.... More