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Fidelity National Financial, Inc. Announces Quarterly Cash Dividend of
$0.25:
Jacksonville, Fla. -- (July 26, 2005) -- Fidelity National Financial,
Inc. (NYSE:FNF), a Fortune 500 provider of products and outsourced services
and solutions to financial institutions and the real estate industry, today
announced that its Board of Directors has declared a quarterly cash
dividend in the amount of $0.25 per share. The dividend will be payable
September 22, 2005 to stockholders of record as of September 8, 2005.
Fidelity National Financial, Inc., number 261 on the Fortune 500, is a
provider of products and outsourced services and solutions to financial
institutions and the real estate industry. FNF had total revenue of nearly
$8.3 billion and earned more than $740 million in 2004, with cash flow from
operations of nearly $1.2 billion for that same period. FNF is the nation's
largest title insurance company, with nearly 31 percent national market
share, and is also a provider of other specialty insurance products,
including flood insurance, homeowners insurance and home warranty
insurance. Through its majority-owned subsidiary Fidelity National
Information Services, Inc. ("FIS"), the Company is a leading provider of
technology solutions, processing services and information services to the
financial services and real estate industries. FIS' software processes
nearly 50 percent of all U. S. residential mortgages, it has processing and
technology relationships with 45 of the top 50 U.S. banks and more than
2,800 small and mid-sized U.S. financial institutions and it has clients in
more than 50 countries who rely on its processing and outsourcing products
and services. FIS also provides customized business process outsourcing
related to aspects of the origination and management of mortgage loans to
national lenders and servicers. FIS offers information services, including
property data and real estate-related services that are used by lenders,
mortgage investors and real estate professionals to complete residential
real estate transactions throughout the U.S. More information about the FNF
family of companies can be found at
www.fnf.com and
www.fidelityinfoservices.com.
This press release contains statements
related to future events and expectations and, as such, constitutes
forward-looking statements. These forward-looking statements are subject to
known and unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements of the company to be different
from those expressed or implied above. The company expressly disclaims any
duty to update or revise forward-looking statements. The risks and
uncertainties which forward-looking statements are subject to include, but
are not limited to, the effect of governmental regulations, the economy,
competition and other risks detailed from time to time in the "Management's
Discussion and Analysis" section of the company's Form 10-K and other
reports and filings with the Securities and Exchange Commission.
SOURCE:
Fidelity National Financial, Inc. CONTACT: Daniel Kennedy Murphy, Senior
Vice President, Finance and Investor Relations, 904-854-8120,
dkmurphy@fnf.com
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The Dallas NTS office is part of the Fidelity National Title Services
Division, a select group of offices specifically designed to facilitate
complex commercial real estate transactions nationwide. The NTS mission is
to provide our clients with superior service and security through a single
point of contact, regardless of the property location.
Our clients
include a wide variety of commercial developers, investors, REITs,
attorneys, lenders and corporate real estate users. Combining over 250
years of title experience, our escrow, underwriting and sales professionals
are dedicated to providing the industry's most comprehensive range of
services... including the smile.
Fidelity National Title Insurance Company
717 North Harwood Street
Suite 800
Dallas, Texas 75201
214-969-5300
dmccallum@fnf.com
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