The First American Financial board of directors declare quarterly dividend
March 30, 1988, SANTA ANA, CALIFORNIA
This dividend represents an increase of 40 percent as compared with the prior quarterly rate of 12½ cents per share. Further, annual dividends per share (restated for the 2-for-1 stock split effected June 5, 1987) have increased in each of the five preceding years for a total increase for the period of 180 percent.
The company has paid a cash dividend every year since 1909.
The company's principal subsidiary, First American Title Insurance Company, operates through more than 4,500 branches, subsidiaries, affiliates or agents throughout the United States and in Guam, Puerto Rico, the Virgin Islands and England.