Genworth Financial, Inc.
GNWGenworth Financial, Inc. is a leading provider of mortgage insurance, life insurance, and long-term care insurance products. The company focuses on helping individuals and families achieve financial security through its insurance solutions. Founded in 2004, Genworth operates primarily in North America and globally, offering services that support homeownership and personal financial planning.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| $0.68 | 2004-08-12 | 2004-08-16 | |
| October 27, 2008 | $0.10 | 2008-10-08 | 2008-10-10 |
| July 28, 2008 | $0.10 | 2008-07-09 | 2008-07-11 |
| April 28, 2008 | $0.10 | 2008-04-09 | 2008-04-11 |
| January 28, 2008 | $0.10 | 2008-01-09 | 2008-01-11 |
Dividends Summary
- Total Returned Value: Investors who held GNW shares during this period received a total of $2.10 per share in dividend income.
- Latest Payout: The most recent dividend of $0.68/share was paid 6297 days ago, on October 27, 2008.
- Dividend Growth: Since 2004, the dividend payout has grown by 943.2%, from $0.07 to $0.68.
- Dividend Reliability: GNW has maintained or increased its dividend for 18 consecutive payments.
Company News
An article exploring three major retirement concerns: potential financial depletion, lack of purpose, and high long-term care costs. The author discusses strategies like maintaining a flexible work schedule, developing a thoughtful withdrawal strategy, and considering long-term care insurance.
Genworth Financial reported strong Q2 2024 earnings, driven by its Enact mortgage insurance subsidiary. The company made progress on its long-term care insurance rate actions and the buildout of its CareScout quality care network. Enact continued to generate significant earnings and capital returns to Genworth.
The global security brokerage and stock exchange market is expected to grow from $1925.48 billion in 2023 to $4285.48 billion by 2033, at a CAGR of 8.33%. The growth is driven by technological advancements, the rise of online trading platforms, and the increasing popularity of ESG investing.
The global long-term care insurance market is expected to grow from USD 24.17 billion in 2023 to USD 89.69 billion by 2033, driven by the aging population and rising healthcare costs. The nursing care segment and public payer segment are expected to dominate the market.
GNW earnings call for the period ending March 31, 2024.
