MGIC Investment Corp. (MTG)

[tommiegun54]

HOLD CO. CASH INCREASES TO $261 MILLION IN Q3 FROM $192 MILLION IN Q2

"Investments, cash and cash equivalents at the holding company were $261 million as of September 30, 2018, compared to $216 million as of December 31, 2017, and $182 million as of September 30, 2017."

MGIC INVESTMENT MANAGEMENT paid $60 MILLION DIVIDEND to their holding company in Q3 2018, that DIVIDEND exceeded regular quarterly DIVIDEND of $50 million.

No cash was used to repurchase company Stock in Q3. $100 MILLION remains under STOCK repurchase program.