Fidelity National Financial, Inc. Announces Quarterly Cash Dividend of $0.25
April 26 2005 - 8:30AM
PR Newswire (US)
Fidelity National Financial, Inc. Announces Quarterly Cash Dividend
of $0.25 JACKSONVILLE, Fla., April 26 /PRNewswire-FirstCall/ --
Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500
provider of products and outsourced services and solutions to
financial institutions and the real estate industry, today
announced that its Board of Directors has declared a quarterly cash
dividend in the amount of $0.25 per share. The dividend will be
payable June 21, 2005 to stockholders of record as of June 7, 2005.
Fidelity National Financial, Inc., number 261 on the Fortune 500,
is a provider of products and outsourced services and solutions to
financial institutions and the real estate industry. FNF had total
revenue of nearly $8.3 billion and earned more than $740 million in
2004, with cash flow from operations of nearly $1.2 billion for
that same period. FNF is the nation's largest title insurance
company, with nearly 32 percent national market share, and is also
a provider of other specialty insurance products, including flood
insurance, homeowners insurance and home warranty insurance.
Through its majority-owned subsidiary Fidelity National Information
Services, Inc. ("FIS"), the Company is a leading provider of
technology solutions, processing services and information services
to the financial services and real estate industries. FIS' software
processes nearly 50 percent of all U.S. residential mortgages, it
has processing and technology relationships with 45 of the top 50
U.S. banks and more than 2,800 small and mid-sized U.S. financial
institutions and it has clients in more than 50 countries who rely
on its processing and outsourcing products and services. FIS also
provides customized business process outsourcing related to aspects
of the origination and management of mortgage loans to national
lenders and servicers. FIS offers information services, including
property data and real estate-related services that are used by
lenders, mortgage investors and real estate professionals to
complete residential real estate transactions throughout the U.S.
More information about the FNF family of companies can be found at
http://www.fnf.com/ and http://www.fidelityinfoservices.com/. This
press release contains statements related to future events and
expectations and, as such, constitutes forward-looking statements.
These forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause actual
results, performance or achievements of the company to be different
from those expressed or implied above. The company expressly
disclaims any duty to update or revise forward- looking statements.
The risks and uncertainties which forward-looking statements are
subject to include, but are not limited to, the effect of
governmental regulations, the economy, competition and other risks
detailed from time to time in the "Management's Discussion and
Analysis" section of the company's Form 10-K and other reports and
filings with the Securities and Exchange Commission. DATASOURCE:
Fidelity National Financial, Inc. CONTACT: Daniel Kennedy Murphy,
Senior Vice President, Finance and Investor Relations of Fidelity
National Financial, Inc., +1-904-854-8120, Web site:
http://www.fnf.com/
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