Fidelity National Financial hikes dividend by 4.2%

Fidelity National Financial (FNF) will raise its dividend by 4.2 percent to $0.50 per share quarterly in 2024. This marks 13 consecutive years of increased dividends for FNF.

This comes after a dividend hike of 6.7 percent last year. The dividend yield for the provider of title insurance and transaction services is 3.2% at a stock price of $60. The dividend will be payable December 31, 2024, to stockholders of record as of December 17, 2024.

Fidelity National Financial, Inc.  is a provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York. The company went public in 1987 and has paid a dividend every year since 2006.