Enact Holdings Raises Quarterly Dividend to 24 Cents

Enact Holdings, Inc. raised its quarterly dividend to $0.24 per share from $0.21, a 14.29% increase, according to the locked dividend record. The ex-dividend date for the increased payout was May 28, 2026.

The move extends Enact's consecutive dividend-growth streak to three years. Based on the locked facts, the company has an annual dividend per share of $0.87 and a forward annual yield of 2.08%, with shares referenced at $41.85. Enact, which trades under the ticker ACT, is classified in the financial services sector and had a market capitalization of $5.84 billion in the dividend record.

Context

The increase comes against a backdrop of improving reported operating momentum. Investor's Business Daily recently noted that Enact's earnings growth improved to 13% in its latest reported quarter, while revenue growth rose to 4%. The same report placed Enact among peers in the Finance-Mortgage & Related Services group, with NMI Holdings cited as the top-ranked company in that group. Investor's Business Daily

No management explanation for this specific dividend increase was identified in the limited source review. Still, the higher payout is consistent with a company returning more cash to shareholders while maintaining a dividend safety score of 78, or a B grade, in the locked facts. Enact has no previously listed dividend cut year in the provided record.

What It Means For Income Investors

For income-focused shareholders, the event raises Enact's regular quarterly cash payment and adds another year to its dividend-growth record. The new payout remains modest by yield, at 2.08% on the locked share-price reference, but the increase is meaningful in percentage terms and supports a developing track record of annual dividend growth.

Investors should treat the dividend record separately from broader stock performance. The higher dividend improves cash income from ACT shares, but future payouts will depend on Enact's earnings, capital position and board approvals over time.