Stewart Information Services Corporation (STC) To Go Ex-Dividend on September 15th

Stewart Information Services Corporation (NYSE:STC) announced a quarterly dividend on Monday, August 31st. Investors of record on Tuesday, September 15th will be given a dividend of 0.55 per share by the insurance provider on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, September 15th. This is a 4.8% increase from Stewart Information Services’s previous quarterly dividend of $0.53.

Stewart Information Services has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 4 consecutive years. Stewart Information Services has a payout ratio of 32.7% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Stewart Information Services to earn $6.25 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 33.6%.

Stewart Information Services Trading Down 0.2%

NYSE STC opened at $68.53 on Wednesday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 15.03 and a beta of 0.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.98 and a quick ratio of 1.98. Stewart Information Services has a 12 month low of $57.10 and a 12 month high of $78.61. The company’s fifty day moving average price is $68.32 and its two-hundred day moving average price is $66.83.

Stewart Information Services (NYSE:STC) last released its earnings results on Wednesday, July 22nd. The insurance provider reported $1.39 earnings per share for the quarter, missing the consensus estimate of $1.63 by ($0.24). The company had revenue of $895.80 million during the quarter, compared to the consensus estimate of $838.07 million. Stewart Information Services had a return on equity of 10.02% and a net margin of 4.12%.Stewart Information Services’s revenue for the quarter was up 24.5% on a year-over-year basis. During the same period in the previous year, the firm posted $1.34 EPS. As a group, research analysts predict that Stewart Information Services will post 5.26 earnings per share for the current fiscal year.

About Stewart Information Services

Stewart Information Services Corporation (NYSE: STC) is a publicly traded provider of title insurance and real estate transaction services. The company underwrites title insurance policies for residential and commercial properties, offering lenders and property owners protection against title defects and liens. Beyond title insurance, Stewart delivers a range of ancillary services, including closing and escrow administration, property valuation, and risk mitigation solutions designed to streamline the mortgage process and reduce operational complexity for clients.

In addition to core title and settlement services, Stewart offers technology-driven products aimed at enhancing transparency and efficiency in real estate transactions.