Radian Declares Regular Quarterly Dividend on Common Stock and Sets Annual Meeting Date
PHILADELPHIA, Feb. 11 /PRNewswire-FirstCall/ -- Radian Group Inc. (NYSE:
RDN) announced today that the company's Board of Directors approved a regular
quarterly dividend on its common stock in the amount of $0.0025 per share,
payable on March 25, 2009, to stockholders of record as of February 23, 2009.
Radian also announced that it will hold its annual meeting of stockholders
on Wednesday, May 13, 2009. The company's Board of Directors has fixed the
close of business on Friday, March 27, 2009 as the record date for the annual
meeting.
About Radian
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides
private mortgage insurance and related risk management products and services
to mortgage lenders nationwide through its principal operating subsidiary,
Radian Guaranty Inc. These services help promote and preserve homeownership
opportunities for homebuyers, while protecting lenders from default-related
losses on residential first mortgages and facilitating the sale of
low-downpayment mortgages in the secondary market. Additional information may
be found at www.radian.com.
SOURCE Radian Group Inc.
CONTACT: Investors
Terri Williams-Perry, +1-215-231-1486
terri.williams-perry@radian.com
or
Media
Rick Gillespie, +1-215-231-1061
rick.gillespie@radian.com
Web Site: http://www.radian.com
