|Bid||55.26 x 0|
|Ask||55.27 x 0|
|Day's Range||55.01 - 56.83|
|52 Week Range||39.44 - 61.39|
|Beta (5Y Monthly)||1.44|
|PE Ratio (TTM)||11.25|
|Earnings Date||Apr 27, 2020 - May 03, 2020|
|Forward Dividend & Yield||2.16 (3.79%)|
|Ex-Dividend Date||Feb 13, 2020|
|1y Target Est||59.83|
Genworth MI Canada Inc. Completes Issuance of $300 Million of Unsecured Debentures due March 1, 2027 and Announces Redemption on March 23, 2020 of its Outstanding 5.68% Debentures due June 15, 2020
TORONTO , Feb. 13, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (MIC.TO) announced today that it has agreed to issue $300,000,000 million of debentures (the "Debentures"). The Debentures will be direct, unsecured and unsubordinated obligations of the Company and will rank equally and rateably with all other unsecured and unsubordinated indebtedness of the Company.
TORONTO , Feb. 10, 2020 /CNW/ - Genworth MI Canada Inc. (the "Company") (MIC.TO) announced today that it is considering an offering of debentures under its base shelf prospectus. If a successful offering is completed, the Company intends to use the net proceeds of the debenture offering for the potential redemption, refinancing, and repayment of its outstanding 5.68% debentures due June 15, 2020 and any other outstanding indebtedness, and for liquidity and capital management purposes. The Company will provide further information as events warrant.
Genworth MI Canada Inc. Reports Fourth Quarter and Full Year 2019 Results Including Fourth Quarter Net Operating Income of $112 Million
Genworth MI Canada Inc. Schedules Fourth Quarter 2019 Earnings Conference Call for February 6th, 2020
This year’s Meaning of Home contest launched yesterday, with submissions accepted online and by mail from students in Grades 4, 5 and 6 on what home means to them from January 6 to February 21, 2020. Founded by Genworth Canada in 2007, the Meaning of Home contest has raised over $1.5 million dollars towards helping to build decent and affordable housing in communities across Canada. Last year, over 8,000 Grades 4, 5 and 6 students from across Canada shared what home means to them and this year, Habitat for Humanity Canada is hoping for a record-breaking 10,000 submissions.
Genworth MI Canada Inc. acknowledges closing of Genworth Financial, Inc. sale of majority interest to Brookfield Business Partners
Genworth MI Canada Inc. Acknowledges Announcement by Genworth Financial, and Brookfield Business Partners L.P. of Regulatory Approval for Sale of Genworth Financial Stake
Genworth MI Canada Inc. Reports Third Quarter 2019 Results Including Net Operating Income of $115 Million
Genworth MI Canada Inc. Schedules Third Quarter 2019 Earnings Conference Call for October 30th, 2019
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Genworth Holdings, Inc. New York, September 20, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Genworth Holdings, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Genworth MI Canada Inc. acknowledges announcement by Genworth Financial, Inc. of sale of stake to Brookfield Business Partners L.P.
Brookfield Business Partners L.P. (BBU) (BBU-UN.TO) ("Brookfield Business Partners") announced today an agreement (the “Purchase Agreement”) to acquire an aggregate of 48,944,645 common shares (the “Acquired Shares”) of Genworth MI Canada Inc. (“Genworth Canada” or “the business”) (MIC.TO), representing an approximate 57% controlling interest in the business, from Genworth Financial, Inc. (GNW) for approximately C$2.4 billion (US$1.8 billion) or C$48.86 per share. Immediately prior to entering into the Purchase Agreement, Brookfield Business Partners did not own any common shares in the capital of Genworth Canada (“Shares”). Genworth Canada, through its subsidiary Genworth Financial Mortgage Insurance Company Canada, is the largest private sector residential mortgage insurer in Canada, providing mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers.