Fidelity National Financial, Inc. Announces Quarterly Cash Dividend of $0.25
July 26 2005 - 5:15PM
PR Newswire (US)
Fidelity National Financial, Inc. Announces Quarterly Cash Dividend
of $0.25 JACKSONVILLE, Fla., July 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 September 22, 2005 to stockholders of record as of
September 8, 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 31 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, Fidelity National Financial, Inc.,
+1-904-854-8120, or Web site: http://www.fnf.com/
http://www.fidelityinfoservices.com/
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