Radian Group dividend yield calculator – Radian Group Announces 0.225 Cash Dividend

☀️Dividends Yield

Radian Group ($NYSE:RDN) Inc. announced a cash dividend of 0.225 USD on May 26, 2023. This is part of their annual dividend policy and follows dividends of 0.82, 0.8 and 0.55 USD in the last three years, resulting in yields of 3.84%, 3.67%, and 2.42% respectively, with an average yield of 3.31%. Investors who are looking for an opportunity to invest in dividend stocks should seriously consider adding RADIAN GROUP to their watchlist.

Remember that the ex-dividend date for the current dividend is May 26, 2023, so investors need to buy before then to be eligible for the dividend. The company’s dividend yield of 3.31% is attractive and could provide investors with a steady source of income.

Share Price

As a result, the company’s stock opened at $24.8 and closed at $25.6, up by 1.6% from its previous closing price of $25.2. This marks Radian Group’s fifth consecutive dividend payment, demonstrating their commitment to creating value for shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Radian Group. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Radian Group. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Radian Group. More…

Key Ratios Snapshot

Some of the financial key ratios for Radian Group are shown below. More…

Analysis – Radian Group Intrinsic Value

At GoodWhale, we have been carefully examining the financials of RADIAN GROUP. After considering multiple factors, our proprietary Valuation Line has determined that the fair value of RADIAN GROUP’s stock stands at around $29.1. However, the current trading price of RADIAN GROUP’s stock sits at $25.6, indicating that the stock is undervalued by 12.2%. More…

Peers

Radian Group Inc’s primary business is providing private mortgage insurance, reinsurance and mortgage financing solutions in the United States through its principal subsidiaries, Radian Guaranty Inc and Radian Asset Assurance Inc. Radian Group Inc competes with other private mortgage insurers such as Enact Holdings Inc, Tiptree Inc, MGIC Investment Corp.

– Enact Holdings Inc ($NASDAQ:ACT)

Enact Holdings Inc is a holding company that operates through its subsidiaries. The company has a market cap of 3.96B as of 2022 and a ROE of 17.23%. The company’s subsidiaries engage in the business of providing health insurance and other related services to individuals and businesses in the United States.

– Tiptree Inc ($NASDAQ:TIPT)

Tiptree Inc is a publicly traded company with a market capitalization of 429.89M as of 2022. The company has a return on equity of 9.05%. Tiptree Inc is engaged in the business of insurance underwriting and reinsurance, as well as investing in real estate and other assets.

– MGIC Investment Corp ($NYSE:MTG)

MGMIC Investment Corp is a holding company that operates through its subsidiaries. The company’s principal business activity is the ownership and management of real estate properties. Its portfolio includes office, retail, and industrial properties in the United States and Europe.

Summary

RADIAN GROUP has been an attractive investment option as it provides an above-average dividend yield. Over the past three years, the company has paid annual dividends of 0.82 USD, 0.8 USD and 0.55 USD per share, resulting in yields of 3.84%, 3.67%, and 2.42%. This gives an average yield of 3.31%.

Investors who have chosen to invest in RADIAN GROUP have benefited from a consistent and reliable dividend income stream, as well as the potential for capital gains. Analysts have noted that the company has a strong balance sheet and continues to show promising growth prospects, making it a sound long-term investment option.