PHILADELPHIA, May 7 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE:RDN) announced today that the company's Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.02 per share, payable on June 17, 2008, to stockholders of record as of May 16, 2008.
Radian Group Inc. is a global credit risk management company headquartered in Philadelphia with significant operations in New York and London. Radian develops innovative financial solutions by applying its core mortgage credit risk expertise and structured finance capabilities to the credit enhancement needs of the capital markets worldwide, primarily through credit insurance products. The company also provides credit enhancement for public finance and other corporate and consumer assets on both a direct and reinsurance basis and holds strategic interests in credit-based consumer asset businesses. Additional information may be found at http://www.radian.biz/.
Contact:
For investors: Terri Williams-Perry - phone: 215 231.1486
Email: For the media: Rick Gillespie - phone: 215 231.1061
Email: Steve Frankel / Tim Lynch
Joele Frank, Wilkinson Brimmer Katcher
212 355.4449
DATASOURCE: Radian Group Inc.
CONTACT: Investors, Terri Williams-Perry, +1-215-231-1486, , or Media, Rick Gillespie, +1-215-231-1061, , both of Radian Group Inc.; or Steve Frankel or Tim Lynch, both of Joele Frank, Wilkinson Brimmer Katcher for Radian Group Inc., +1-212-355-4449 Web site: http://www.radian.biz/
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