First american financial corporation increases quarterly cash dividend to 34 cents per share

Santa ana, calif.--(business wire)--first american financial corporation (nyse: faf), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced that its board of directors has declared a quarterly cash dividend of 34 cents per common share, a 31 percent increase over the prior level of 26 cents per common share. “this substantial increase in our cash dividend marks the successful conclusion of our initiative to optimize the capital structure of the company's subsidiaries,” said dennis j. gilmore, chief executive officer at first american financial corporation. “it reflects our optimism about the long-term prospects for our business and our ongoing commitment to deliver returns to our shareholders.” the cash dividend is payable on sept. 15, 2016 to shareholders of record as of sept. 8, 2016. about first american first american financial corporation (nyse: faf) is a leading provider of title insurance, settlement services and risk solutions for real estate transactions that traces its heritage back to 1889. first american also provides title plant management services; title and other real property records and images; valuation products and services; home warranty products; property and casualty insurance; and banking, trust and investment advisory services. with revenues of $5.2 billion in 2015, the company offers its products and services directly and through its agents throughout the united states and abroad. more information about the company can be found at www.firstam.com.
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