[February 10, 2016] |
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Radian Declares Regular Quarterly Dividend on Common Stock
Radian (News - Alert) Group Inc. today announced that the company's Board of Directors
approved a regular quarterly dividend on its common stock in the amount
of $0.0025 per share, payable on March 7, 2016, to stockholders
of record as of February 22, 2016.
ABOUT RADIAN
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
private mortgage insurance, risk management products and real estate
services to financial institutions. Radian offers products and services
through two business segments:
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Mortgage Insurance, through its principal mortgage insurance
subsidiary Radian Guaranty Inc. This private mortgage insurnce
protects lenders from default-related losses, facilitates the sale of
low-downpayment mortgages in the secondary market and enables
homebuyers to purchase homes more quickly with downpayments less than
20%.
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Mortgage and Real Estate Services, through its principal
services subsidiary Clayton, as well as Green River Capital, Red Bell
Real Estate and ValuAmerica. These solutions include information and
services that financial institutions, investors and government
entities use to evaluate, acquire, securitize, service and monitor
loans and asset-backed securities.
Additional information may be found at www.radian.biz.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160210006511/en/
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