Enact Holdings is a private mortgage insurance company. Through its subsidiaries, Co. provides credit protection to mortgage lenders and investors, covering a portion of the unpaid principal balance of mortgage loans where the loan amount exceeds 80% of the value of the home ("low-down payment loans"). Co.'s credit protection provides families access to homeownership sooner than would otherwise be possible. Co. facilitates the sale of mortgages to the secondary market, including to the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and private investors, and protect the balance sheets of mortgage lenders that retain mortgages in their portfolios. The ACT stock yearly return is shown above.
The yearly return on the ACT stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ACT annual return calculation with any dividends reinvested as applicable (on ex-dates).
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