{"id":429620,"date":"2021-02-04T17:44:37","date_gmt":"2021-02-04T22:44:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=429620"},"modified":"2021-02-04T17:44:37","modified_gmt":"2021-02-04T22:44:37","slug":"genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\/","title":{"rendered":"Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">Canada NewsWire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">TORONTO<\/span>, <span class=\"xn-chron\">Feb. 4, 2021<\/span> \/CNW\/ &#8211; The Board of Directors of Genworth MI Canada Inc. (the &#8220;<b>Company<\/b>&#8220;) (TSX: MIC) today announced that it has authorized and declared a dividend of <span class=\"xn-money\">$0.54<\/span> per common share for the first quarter of 2021. This dividend will be paid on <span class=\"xn-chron\">March 3<\/span><sup>rd<\/sup>, 2021 to shareholders of record at the close of business on <span class=\"xn-chron\">February 16<\/span><sup>th<\/sup>, 2021. <\/p>\n<p>Genworth MI Canada Inc. designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid as &#8220;eligible dividends&#8221;, unless indicated otherwise in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation. <\/p>\n<p>\n        <b>About Genworth MI Canada Inc.\u00a0<\/b>\n      <\/p>\n<p>Genworth MI Canada Inc. (TSX: MIC) changed its brand from Genworth MI <span class=\"xn-location\">Canada<\/span> to Sagen MI <span class=\"xn-location\">Canada<\/span><sup>TM<\/sup> effective <span class=\"xn-chron\">October 13<\/span><sup>th<\/sup>, 2020. The Company, operating through its subsidiary, Genworth Financial Mortgage Insurance Company Canada doing business as Sagen<sup>TM<\/sup>, is the largest private sector residential mortgage insurer in Canada.\u00a0 The Company\u00a0provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Sagen differentiates itself through customer service excellence, innovative processing technology, and a robust risk management framework. For more than two decades, Sagen has supported the housing market by providing thought leadership and a focus on the safety and soundness of the mortgage finance system.\u00a0As at <span class=\"xn-chron\">December 31<\/span><sup>st<\/sup>, 2020, the Company had <span class=\"xn-money\">$7.5 billion<\/span> total assets and <span class=\"xn-money\">$3.9 billion<\/span> shareholders&#8217; equity. Find out more at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3059008-1&amp;h=3370575132&amp;u=http%3A%2F%2Fwww.sagen.ca%2F&amp;a=www.sagen.ca\" rel=\"nofollow noopener noreferrer\">www.sagen.ca<\/a>. <\/p>\n<p>SOURCE  Genworth MI <span class=\"xn-location\">Canada<\/span><\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2586&amp;Transmission_Id=202102041741CANADANWWEB______C2586&amp;DateId=20210204\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada NewsWire TORONTO, Feb. 4, 2021 \/CNW\/ &#8211; The Board of Directors of Genworth MI Canada Inc. (the &#8220;Company&#8220;) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the first quarter of 2021. This dividend will be paid on March 3rd, 2021 to shareholders of record at the close of business on February 16th, 2021. Genworth MI Canada Inc. designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid as &#8220;eligible dividends&#8221;, unless indicated otherwise in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation. About Genworth MI Canada Inc.\u00a0 Genworth &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-429620","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Canada NewsWire TORONTO, Feb. 4, 2021 \/CNW\/ &#8211; The Board of Directors of Genworth MI Canada Inc. (the &#8220;Company&#8220;) (TSX: MIC) today announced that it has authorized and declared a dividend of $0.54 per common share for the first quarter of 2021. This dividend will be paid on March 3rd, 2021 to shareholders of record at the close of business on February 16th, 2021. Genworth MI Canada Inc. designates any and all dividends paid or deemed for Canadian federal, provincial or territorial income tax purposes to be paid as &#8220;eligible dividends&#8221;, unless indicated otherwise in respect of dividends paid subsequent to this notification, and hereby notifies all recipients of such dividends of this designation. About Genworth MI Canada Inc.\u00a0 Genworth &hellip; Continue reading &quot;Genworth MI Canada Inc. Announces Common Dividend in the First Quarter of 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-04T22:44:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=C2586&amp;Transmission_Id=202102041741CANADANWWEB______C2586&amp;DateId=20210204\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/genworth-mi-canada-inc-announces-common-dividend-in-the-first-quarter-of-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Genworth MI Canada Inc. 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