First American Financial Corporation Increases Quarterly Cash Dividend to 44 Cents Per Share
January 23 2020 - 06:45AM
Business Wire
—New Dividend Represents a 5 Percent
Increase—
First American Financial Corporation (NYSE: FAF), a
leading global provider of title insurance, settlement services and
risk solutions for real estate transactions, today announced that
its board of directors has declared a quarterly cash dividend of 44
cents per common share, a 5 percent increase over the prior level
of 42 cents per common share.
“This increase in the cash dividend reflects our continued
confidence in the prospects for our business and our commitment to
return capital to our shareholders,” said Dennis J. Gilmore, chief
executive officer at First American Financial Corporation.
The cash dividend is payable on March 16, 2020 to shareholders
of record as of March 9, 2020.
About First American
First American Financial Corporation (NYSE: FAF) is a
leading provider of title insurance, settlement services and risk
solutions for real estate transactions that traces its heritage
back to 1889. First American also provides title plant management
services; title and other real property records and images;
valuation products and services; home warranty products; property
and casualty insurance; banking, trust and wealth management
services; and other related products and services. With total
revenue of $5.7 billion in 2018, the company offers its products
and services directly and through its agents throughout the United
States and abroad. In 2019, First American was named to the Fortune
100 Best Companies to Work For® list for the fourth consecutive
year. More information about the company can be found at
www.firstam.com.
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Media Contact: Marcus Ginnaty Corporate Communications
First American Financial Corporation 714-250-3298
Investor Contact: Craig Barberio Investor Relations First
American Financial Corporation 714-250-5214
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