First American Financial Corporation Increases Quarterly Cash dividend to 38 Cents Per Share
New Dividend Represents a 12 Percent Increase
August 16, 2017, Santa Ana, Calif.
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 38 cents per common share, a 12 percent increase over the prior level of 34 cents per common share.
“This increase in our dividend reflects our continuing confidence in the long-term prospects 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. 15, 2017 to shareholders of record as of Sept. 8, 2017.
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; and banking, trust and investment advisory services. With total revenue of $5.6 billion in 2016, the company offers its products and services directly and through its agents throughout the United States and abroad. In 2016 and again in 2017, First American was named to the Fortune 100 Best Companies to Work For® list. More information about the company can be found at www.firstam.com.
# # #