First American Financial Corporation Increases Quarterly Cash Dividend to 42 Cents Per Share
August 14 2018 - 08:15PM
Business Wire
—New Dividend Represents an 11 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 42 cents per common share, an 11 percent increase over the prior
level of 38 cents per common share.
“This increase in the cash dividend reflects our positive,
long-term outlook for our business and our steadfast commitment to
deliver returns to our shareholders,” said Dennis J. Gilmore,
chief executive officer at First American Financial
Corporation.
The cash dividend is payable on Sept. 17, 2018 to shareholders
of record as of Sept. 10, 2018.
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 $5.8 billion in 2017, the company offers its products
and services directly and through its agents throughout the United
States and abroad. In 2018, First American was named to
the Fortune 100 Best Companies to Work For® list for
the third consecutive year. More information about the company can
be found at www.firstam.com.
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Media Contact:First American Financial CorporationMarcus
GinnatyCorporate Communications714-250-3298orInvestor
Contact:First American Financial CorporationCraig
BarberioInvestor Relations714-250-5214
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