ACT - Dividend announcements

RALEIGH, N.C., May 05, 2026 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) announced that its Board of Directors declared a quarterly dividend of $0.24 per common share, an increase of 14% from the prior quarter's dividend. This dividend will be payable on June 18, 2026 to shareholders of record on May 28, 2026. "Today's announcement reflects the continued strength of our financial position and our confidence in Enact's long-term outlook," said Rohit Gupta, Enact's President and Chief Executive Officer "It also underscores our ongoing commitment to creating long-term value for shareholders. We remain focused on balancing capital returns with the flexibility to support our c

RALEIGH, N.C., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors authorized a new share repurchase program under which the company may purchase up to $500 million of its common stock. The new share repurchase authorization is in addition to the company's current $350 million share repurchase program, of which $30 million remains as of January 30, 2026. Additionally, Enact's Board of Directors declared a quarterly dividend of $0.21 per common share, payable on March 19, 2026, to shareholders of record on February 26, 2026. "The Board's

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "b+" (Marginal) of Genworth Life Insurance Company (GLIC) (Wilmington, DE) and Genworth Life Insurance Company of New York (GLICNY) (New York, NY). These companies are referred to as Genworth Financial Group. In addition, AM Best has affirmed the FSR of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). Concurrently, AM Best has affirmed the Long-Term ICRs of bb-" (Fair) of Genworth Financial, Inc. and Genworth Holdings, Inc. (both domiciled in

RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) announced that its Board of Directors declared a quarterly dividend of $0.21 per common share, an increase of 14% from the prior quarter's dividend. This dividend will be payable on June 11, 2025, to shareholders of record on May 19, 2025. Additionally, Enact's Board of Directors authorized a new share repurchase program under which the company may purchase up to $350 million of its common stock. The new share repurchase authorization is in addition to the company's current $250 million share repurchase program, of which $6 million remains as of April 25, 2025. "Our increased dividend and new share re

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to "bb-" (Fair) from "b+" (Marginal) of Genworth Financial, Inc. (NYSE:GNW) and Genworth Holdings, Inc. (both domiciled in Delaware), as well their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed list of the Long-Term IRs.) In addition, AM Best affirmed the Financial Strength Rating (FSR) of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Insurance Company (GLAIC) (Richmond, VA). The outlook of these ratings has been revised to stable from negative. Additionally, AM Best has affirmed the FSR of C++ (Margin

RALEIGH, N.C., May 01, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.185 per common share, an increase of 16% from the prior quarter's dividend. This dividend will be payable on June 13, 2024, to shareholders of record on May 29, 2024. Future dividends will be subject to Board approval. Additionally, Enact announced that its Board of Directors authorized a new share repurchase program under which the company may purchase up to $250 million of its common stock. The new share repurchase authorization is in a

RALEIGH, N.C., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.16 per common share, payable on March 13, 2024, to shareholders of record on February 28, 2024. Future dividends will be subject to Board approval. About Enact Holdings, Inc.Enact (NASDAQ:ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a dee

RALEIGH, N.C., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that S&P Global Ratings upgraded the long-term financial strength and issuer credit ratings for our flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A- from BBB+. S&P also announced they raised the long-term issuer credit rating on Enact Holdings Inc. to ‘BBB-' from ‘BB+'. The outlook for the ratings is stable. "We are pleased to have received our third upgrade since our IPO from S&P," said Rohit Gupta, Enact's President and Chief Executive Officer. "This upgrade reflects our

AM Best has affirmed the Financial Strength Rating (FSR) of C++ (Marginal) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "b+" (Marginal) of Genworth Life Insurance Company (GLIC) (Wilmington, DE) and Genworth Life Insurance Company of New York (GLICNY) (New York, NY). Additionally, AM Best has affirmed the Long-Term ICRs of "b+" (Marginal) of Genworth Financial, Inc. (NYSE:GNW) and Genworth Holdings, Inc. (both domiciled in Delaware) as well as their Long-Term Issue Credit Ratings (Long-Term IRs). The outlook of these Credit Ratings (ratings) is stable. In addition, AM Best has affirmed the FSR of B- (Fair) and the Long-Term ICR of "bb-" (Fair) of Genworth Life and Annuity Ins

RALEIGH, N.C., Nov. 01, 2023 (GLOBE NEWSWIRE) --  Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that its Board of Directors declared a quarterly cash dividend of $26 million, or $0.16 per common share, and a special cash dividend of $113 million, or $0.71 per common share. The quarterly dividend and special cash dividend are both payable on December 5, 2023 to shareholders of record as of close of business on November 16, 2023. Future dividends will be subject to Board approval. "Our operating performance, strong capital position, and continued confidence in the business position us to declare a special cash dividend today in addition to our quarterly dividend. We are on track

Genworth Financial, Inc., (NYSE:GNW) today announced that Genworth Holdings, Inc. ("Holdings"), a directly wholly-owned subsidiary of Genworth Financial, Inc., successfully completed a consent solicitation from bondholders representing a majority in principal amount of its Senior Notes due 2034 (the "2034 Notes") to amend the Replacement Capital Covenant, dated as of November 14, 2006 (the "RCC Amendment") which permits Holdings to make certain repayments, redemptions or repurchases of its Fixed-to-Floating Rate Junior Subordinated Notes due 2066 (the "2066 Notes"). In connection with this transaction, Holdings repurchased $13.5 million principal amount of its 2034 Notes at prices negotiate

RALEIGH, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.16 per common share, payable on September 13, 2023, to shareholders of record on August 31, 2023. Future dividends will be subject to Board approval. About Enact Holdings, Inc.Enact (NASDAQ:ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a d

Genworth Financial, Inc. (NYSE:GNW) today announced that its Board of Directors authorized the company to repurchase an additional $350 million of shares of its Class A common stock under its existing share repurchase program. As of July 31, 2023, approximately 52 million shares of Class A common stock had been acquired at an aggregate purchase price of approximately $264 million since the inception of the company's share repurchase program in May 2022. After increasing the authorization, and as of July 31, 2023, an aggregate of approximately $436 million will be available for purchase under the program. "We are pleased to announce the expansion of our existing share repurchase program by

RALEIGH, N.C., May 01, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.16 per common share, an increase of over 14% from the prior quarter's dividend. This quarter's dividend will be payable on June 14, 2023 to shareholders of record on May 31, 2023. All future dividends are subject to Board approval. "We are pleased to announce an increase in our quarterly dividend, which reflects our continued execution against our cycle-tested strategy, our financial strength and flexibility, and our confidence in our bu

RALEIGH, N.C., April 25, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact or the Company), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that Fitch Ratings ("Fitch") has upgraded the Insurer Financial Strength rating for our flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A- from BBB+. Fitch also upgraded Enact's senior debt rating to BBB- which marks the second major rating agency to assign Enact's senior debt an investment grade rating. The outlook for both ratings is stable. "We're pleased to achieve these upgrades from Fitch. Achieving investment grade ratings on our senior debt from Fitch,

RALEIGH, N.C., April 11, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) today announced the release of its inaugural 2022 Environmental, Social, and Governance (ESG) Report covering the calendar year 2022. The report marks a significant step forward in the company's ESG journey and reflects Enact's long-standing commitment to operating with integrity, accountability and responsibility while fulfilling our core mission to help people achieve the dream of sustainable homeownership. "Enact is committed to serving as a positive force in society and holding ourselves accountable to the highest standards as we advance our mission, support our communities, and create shareholder va

RALEIGH, N.C., March 01, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that Moody's Investor Service ("Moody's") upgraded the insurance financial strength rating for our flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to A3 from Baa1. Moody's also announced the upgrade of Enact Holdings, Inc. long-term issuer rating and senior unsecured debt rating to Baa3 from Ba1. The outlook for the ratings is stable. "This is the third upgrade Enact has received from Moody's since our IPO, and it's a testament to our continued strong performance, the strength

RALEIGH, N.C., Feb. 16, 2023 (GLOBE NEWSWIRE) --  Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that S&P Global Ratings ("S&P") upgraded the long-term financial strength and issuer credit ratings for its flagship insurance subsidiary, Enact Mortgage Insurance Corporation, to BBB+ from BBB. S&P also announced they raised the long-term issuer credit rating on Enact Holdings Inc. to ‘BB+' from ‘BB'. The outlook for the ratings is stable. "These upgrades reflect S&P's recognition of Enact's enhanced market position and performance, and underscore how the continued execution of our cycle-tested

RALEIGH, N.C., Feb. 09, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.14 per common share, payable on March 9, 2023, to shareholders of record on February 23, 2023. Future dividends will be subject to Board approval. About Enact Holdings, Inc.Enact (NASDAQ:ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep

RALEIGH, N.C., Feb. 03, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that the company's Chief Executive Officer, Rohit Gupta, and Chief Financial Officer, Dean Mitchell, will participate in a fireside chat at the Bank of America 2023 Financial Services Conference in New York City on Wednesday, February 15, 2023 at 2:30pm Eastern Time. The fireside chat will be webcast live and can be accessed within 24 hours after the conclusion of the event on the Company's website, https://ir.enactmi.com/ under News & Events. A replay of the fireside chat will be available until May 17, 2023 at https://ir.enactmi.com/. About Enact Holdings, Inc.Enac

RALEIGH, N.C., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact or Company) today announced that it has published its 2023 Environmental, Social, and Governance (ESG) Roadmap (Roadmap). The Roadmap, a significant step forward in the company's ESG journey, shares the Company's priorities and approach to ESG ahead of the publication of its inaugural ESG report, which is expected to be released in the first half of 2023. "Operating with strong ESG principles is an integral part of Enact's core mission to help people achieve the dream of homeownership and has always been a key priority and strategic focus. Our culture centers on our commitment to improving the lives

RALEIGH, N.C., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that its Board of Directors declared a special cash dividend of $183 million, or $1.12 per common share, and has authorized a $75 million share repurchase program. The special cash dividend is payable on December 6, 2022 to shareholders of record as of close of business on November 18, 2022. In support of our planned capital actions, EMICO, our primary mortgage insurance operating company, completed a distribution of $242 million to our holding company in October. "The Board's decision to declare a special cash dividend and authorize a share repurchase program reflects our strong cap

RALEIGH, N.C., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.14 per common share, payable on September 9, 2022, to shareholders of record on August 26, 2022. Future dividends will be subject to Board approval. About Enact Holdings, Inc.Enact (NASDAQ:ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a de

RALEIGH, N.C., July 22, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that Moody's Investors Service upgraded the insurance financial strength rating for its flagship insurance subsidiary – Enact Mortgage Insurance Corporation - to Baa1 from Baa2, and Enact's long-term issuer rating and senior unsecured debt rating to Ba1 from Ba2. The outlook for the ratings is stable. "This ratings upgrade reflects Moody's recognition of Enact's market position and performance, and underscores the strength of our balance sheet and financial flexibility," said Rohit Gupta, Chief Execu

RALEIGH, N.C., July 07, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that it entered into a five-year $200 million senior unsecured revolving credit facility (the "Credit Facility") on June 30, 2022. The company may use borrowings under the Credit Facility for working capital needs and general corporate purposes, including capital contributions to our insurance subsidiaries. "This new credit facility enhances our financial flexibility and bolsters our already strong balance sheet," said Dean Mitchell, Executive Vice President and Chief Financial Officer of Enact. "We are pleased with the terms of the facility which reflect our strong operating perform

Genworth Financial, Inc. (NYSE:GNW) today announced that its Board of Directors has authorized a share repurchase program under which Genworth may repurchase up to $350 million of its outstanding Class A common stock. "The Board's decision to authorize a share repurchase program reflects the company's improved financial position and commitment to our strategic priorities including delivering shareholder returns," said Tom McInerney, Genworth's President and Chief Executive Officer. "We have entered a new chapter, and this announcement marks the first authorization to return capital to shareholders in over 13 years. We delivered outstanding financial performance over the last several quarte

RALEIGH, N.C., April 28, 2022 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact), a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors has approved the initiation of a dividend program under which the Company intends to pay a quarterly cash dividend. The inaugural quarterly dividend for the second quarter of 2022 will be $0.14 per share, payable on May 26, 2022 to common shareholders of record on May 9, 2022. Future dividend payments are subject to quarterly review and approval by our Board of Directors and will be targeted to be paid in the third month of each subsequent quarter. Rohit Gupta, Enact's P

RALEIGH, N.C., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (NASDAQ:ACT) (Enact) today announced that its Board of Directors declared a special cash dividend of $200 million, or $1.23 per common share, payable on December 15, 2021 to the shareholders of record as of close of business on November 26, 2021. "Our strong balance sheet and robust cash flows position Enact to pursue a balanced capital allocation strategy that supports our policyholders while allowing us to invest in our business and return capital to shareholders," said Rohit Gupta, President and CEO of Enact. "Today's announcement is reflective of the strength of our performance, our confidence in our business, and o