Radian Group, Inc. is a holding company, which engages in the provision of mortgage insurance, risk management products, and real estate services to financial institutions. It operates through the Mortgage and Real Estate segments. The Mortgage segment offers credit-related insurance coverage, as well as other credit risk management solutions to mortgage lending institutions and mortgage credit investors. The Real Estate segment provides a broad array of products and services to market participants across the real estate value chain.
Banks have been mentioned quite often here, but what about insurance companies? Do you have any in your portfolio? I cancelled my position in $ALLY completely last year (with profits) and kept only Radian Group $RDN, which is scheduled to pay me a dividend today (3.55%) 😎.
I've been thinking about VIG for a while, but the dividend withholding tax is quite a turn off.