Title Insurance Dividend Growth Investment

To say thatFidelity National Financial, Inc., is a good investment is probably an understatement. What I did not realize was how vast the FNF empire had become. Cindie and I live in Dane County, and even the Dane County Title Company is under the FNF umbrella. There are also pieces in Canada and India! First a description of their business is in order.

FNF Company Profile

Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, it offers annuity and life insurance products, such as deferred annuities that include fixed indexed, fixed rate, and immediate annuities, as well as indexed universal life insurance products. Further, the company engages in the real estate brokerage business. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.

Diversified Business

Fidelity National Financial (FNF)

In addition to title insurance, FNF has mortgage and real estate services, real estate technology, and annuities and life insurance. In other words, there are income streams coming from various channels. This makes FNF more attractive as a long-term investment. The following images were captured from the FNF web site.

Fidelity National Financial – Diversified financial powerhouse.

Dividend Growth is Superb

Finally, the dividend metrics for this investment are better than most. The dividend payout ratio, yield and dividend growth rate are all in alignment with my requirements.

A Payout Ratio less than 30% is excellent.
A QUANT rating above 4.50 is highly unusual.

Full Disclosure

Cindie and I own 1,100 shares of FNF as a long-term investment.