Investors Title Company declared a cash dividend of $0.46 per share to shareholders of record on September 2, 2025, payable on September 15, 2025. The company, traded on The Nasdaq Global Select Market, is engaged in the business of issuing and underwriting title insurance policies, as well as providing tax-deferred exchange services and investment management services.
Investors Title Company (ITIC), a publicly-traded holding company on The Nasdaq Global Select Market, has announced a cash dividend of $0.46 per share to shareholders of record on September 2, 2025, with the payment scheduled for September 15, 2025 [1].
The company, headquartered in North Carolina, is engaged in the issuance and underwriting of title insurance policies, as well as providing tax-deferred exchange services and investment management services. ITIC operates through various subsidiaries, including Investors Title Insurance Company (ITIC) and National Investors Title Insurance Company (NITIC), which underwrite title insurance for owners and mortgagees. Additionally, the company provides tax-deferred real property exchange services through Investors Title Exchange Corporation (ITEC) and Investors Title Accommodation Corporation (ITAC), and offers management services to title insurance agencies through Investors Title Management Services (ITMS).
The declaration of the dividend is in line with the company's commitment to shareholder value. ITIC's financial performance over the past year has been robust, with a 14.2x P/E ratio in 2023 and a 14.4x P/E ratio projected for 2024 [1]. The company's enterprise value, which reflects the total value of the company's equity and debt, stood at $393 million in 2023, with an EV/Sales ratio of 1.29x [1].
Investors Title Company's dividend yield for 2023 was 1.13%, and it is projected to decrease to 0.78% in 2024, reflecting the company's focus on maintaining a balance between shareholder returns and long-term growth [1]. The company's stock has shown resilience, with a 1.68% increase in the past week and a 1.26% gain in the past day, as of August 5, 2025 [1].
The company's board of directors has been actively engaged in strategic decision-making, with recent appointments including Joseph B. Dempster, Jr. as a director and David L. Francis stepping down from the board [1]. These moves reflect the company's ongoing efforts to strengthen its governance and leadership.
In summary, Investors Title Company's declaration of a $0.46 per share cash dividend is a positive development for shareholders, reflecting the company's strong financial performance and commitment to shareholder value. The dividend is part of a broader strategy aimed at balancing shareholder returns with long-term growth and strategic initiatives.
References:
[1] https://www.marketscreener.com/quote/stock/INVESTORS-TITLE-COMPANY-9749/
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