MGIC Investment is a holding company. Through Co.'s wholly-owned subsidiaries, Co. provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services. Co.'s principal mortgage insurance subsidiary, Mortgage Guaranty Insurance Corporation, was licensed in various states of the U.S., the District of Columbia, Puerto Rico and Guam. Primary insurance provides mortgage default protection on individual loans and covers unpaid loan principal, delinquent interest and certain expenses related with the default and subsequent foreclosure or sale approved by Co., of the underlying property. The MTG stock yearly return is shown above.
The yearly return on the MTG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 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 MTG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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