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What is Fidelity National Financial A's latest dividend and current dividend yield?

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What is the market's earnings forecast for Fidelity National Financial A next quarter?

- **Record Title Performance**: $410M pretax earnings (27% YoY), 17.8% margin. Commercial revenue up 27% YoY, Q3 best ever with 34% growth.
- **F&G Liquidity Boost**: 12% share distribution increases public float to 30%, supporting $71.4B AUM growth.
- **Tech-Driven Growth**: inHere engagement at 85%, AI adoption across 100% of employees driving efficiency. Q3 refinance orders +22% QoQ.
- **2026 Outlook**: Commercial could surpass 2021-22 peaks with office sector recovery and 10-month open order streak.


**【CEO Opening Remarks】**
- **Strong Q3 Results**: Title segment delivered adjusted pretax earnings of $410M (27% YoY increase) with a 17.8% margin, up 190bps. F&G's AUM reached $71.4B, up 14% YoY.
- **Commercial Growth**: Direct commercial revenue hit $1B+ for the first 9 months (27% YoY), with Q3 being the best ever (34% YoY). Refinance orders surged to 2,100/day in September due to rate declines.
- **Technology Momentum**: inHere engaged 85% of residential sales transactions, reaching 860K unique users. AI adoption across 100% of employees is driving productivity and margin efficiency.

**【CFO Financial Commentary】**
- **Topline Performance**: Total revenue $4B (18% YoY), net earnings $358M (34% YoY). Title segment contributed $330M (19% YoY growth in direct premiums).
- **F&G Strength**: AUM before flow reinsurance $71.4B, up 14% YoY. Core sales $2.2B, net sales retained $2.8B (17% YoY). F&G's book value per share grew 61% since acquisition.
- **Capital Allocation**: $627M returned to shareholders YTD (dividends + buybacks). Cash balance $733M, up 26% QoQ, supporting wage inflation and tech investments.

**【Q&A Highlights】**
- **F&G Distribution**: 12% of shares distributed to FNF shareholders to increase liquidity, maintaining 70% ownership. CFO noted this unlocks value while retaining control.
- **Commercial Outlook**: CEO sees potential for 2026 to exceed 2021-22 peak years, citing 10 consecutive months of open order growth and office sector recovery signs.
- **Margin Expectations**: CFO expects modest margin improvement in 2026 if purchase volumes recover. Q4 typically weaker due to seasonal decline in purchase closings.
- **Technology Impact**: inHere adoption reduces email dependency, improving security and customer experience. AI training programs driving operational efficiency.


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