Sagen MI Canada Inc. Reports Third Quarter 2025 Results and Declares Preferred Share Dividend

Executive Summary

• Sagen MI Canada Inc. reported third‑quarter 2025 net income of $119 million, a $27 million decline versus the same quarter last year, driven by lower insurance revenue and investment income.
• The Board declared a preferred share dividend of $0.3375 per Class A preferred share, Series 1, payable December 31, 2025 to shareholders of record on December 15, 2025.
• Full unaudited condensed consolidated interim financial statements and MD&A are available on SEDAR+ and the company’s investor‑relations website.

Key Details

• Net Income: $119 million for Q3 2025.
• Year‑over‑Year Change: Down $27 million (≈‑18.5%) from Q3 2024, primarily due to reduced insurance revenue and lower investment income.
• Preferred Dividend Declared: $0.3375 per Class A preferred share, Series 1.
• Record Date: Close of business on December 15, 2025.
• Payment Date: December 31, 2025.
• Dividend Designation: Treated as “eligible dividends” for Canadian tax purposes unless otherwise indicated for future payments.
• Financial Position (as of September 30, 2025): Total assets $7.0 billion; shareholders’ equity $2.8 billion (per company background).
• Reference Materials: Unaudited condensed consolidated interim financial statements and Management’s Discussion & Analysis posted on SEDAR+ and the investor‑relations section of the company website.

Notable Quotes

(No executive quotes were included in the release.)