Fidelity Declares Stock Split
Fidelity National Financial Inc. on Wednesday declared a three-for-two stock split effective Jan. 18, with shares to be distributed Feb. 4.
The title insurance underwriter, based in Irvine, also said it will pay a quarterly dividend of 8 cents, to be paid after the split.
In a statement, Fidelity President William P. Foley II said the split “reflects our ongoing confidence in Fidelity’s performance. Increasing our outstanding shares should enhance the stock’s marketability.”
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