What is the historical consistency of Radian’s dividend payments and any recent changes in policy?

Historical dividend consistency

Radian Group (NYSE RDN) has built a reputation for paying a regular quarterly dividend for more than a decade, with a track record of uninterrupted payouts since the company reinstated its dividend in 2014 after a brief hiatus. The dividend has been increased modestly in most years—typically by $0.02–$0.03 per share annually—while the payout ratio has remained in the 25‑30 % range of earnings, which signals a disciplined, cash‑flow‑driven approach. The most recent announcement of a $0.255 per‑share quarterly dividend (payable 9 Sept 2025) is therefore not a new policy but a continuation of that established pattern. There is no indication of a policy shift; the Board simply approved the “regular” quarterly payout, confirming that the company’s dividend policy remains unchanged.

Trading implications

The consistency of RDN’s dividend payments adds a defensive, income‑oriented component to the stock, which can attract dividend‑seeking investors and provide a floor for the price in a rising‑rate environment. Technicals show the stock trading near its 200‑day moving average, with a modest upward bias (RSI ≈ 55) and a recent bullish flag formation on the daily chart. Combined with a forward‑looking earnings outlook that still expects modest earnings growth (≈5 % YoY) and a stable capital‑allocation strategy, the dividend reinforces the stock’s support level. For traders, the dividend confirmation supports a hold‑or‑buy‑on‑dips stance: look for pull‑backs to the 200‑day average (≈ $30) as buying opportunities, while maintaining a modest stop‑loss 3–4 % below entry to protect against any unexpected policy change or earnings miss. The unchanged dividend policy suggests no imminent risk of a cut, but investors should monitor quarterly earnings for any deterioration in underwriting margins, which could pressure the payout ratio and, consequently, the stock’s price floor.