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Enact Holdings Hikes Quarterly Dividend By 14% From $0.18 To $0.21 Per Share; Board Authorizes $350M Share Repurchase Program

Author: Benzinga Newsdesk | April 30, 2025 03:20pm

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.

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