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Investors Title announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors declared a special cash dividend of $15.00 per share to shareholders of record on December 1, 2020, payable December 15, 2020. The special dividend will be funded through existing cash balances. The Board also declared a regular quarterly cash dividend of $.44 per share to shareholders of record December 1, 2020, payable on December 15, 2020. “The special dividend is
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced results for the third quarter ended September 30, 2020. The Company reported net income of $15.3 million, or $8.07 per diluted share, for the three months ended September 30, 2020, compared to $8.0 million, or $4.20 per diluted share, for the prior year period. All-time quarterly records were set for total revenues, net premiums written, and net income. Revenues increased 41.1% to $67.6 million, compared with $47.9 mill
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of both subsidiaries of Investors Title Company (ITIC) [NASDAQ: ITIC]: Investors Title Insurance Company and National Investors Title Insurance Company (Austin, TX). These subsidiaries collectively are referred to as Investors Title Company Group (ITC Group). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” of ITIC. The o
INVESTORS TITLE COMPANY ANNOUNCES THIRD QUARTER 2019 FINANCIAL RESULTS Contact: Elizabeth B. Lewter November 4, 2019 … | November 4, 2019
CHAPEL HILL, N.C.--(BUSINESS WIRE)--Investors Title Company today announced its results for the third quarter ended September 30, 2019. Net income attributable to the Company was $8.0 million, or $4.20 per diluted share, versus $10.6 million, or $5.61 per diluted share, for the prior year period. The Company set an all-time quarterly record for net premiums written. Net premiums written increased 1.9% to $40.2 million, as lower average mortgage interest rates drove an increase in refinance acti