RICHMOND, Va., March 16, 2011 /PRNewswire via COMTEX/ -- The Board of Directors of Genworth Financial, Inc. (NYSE: GNW) today declared a quarterly dividend of $0.65625 per outstanding share of its Series A Cumulative Preferred Stock. The dividend is payable June 1, 2011 to stockholders of record as of the close of business on May 16, 2011.
In addition, on June 1, 2011, Genworth intends to redeem all outstanding shares of Series A Cumulative Preferred Stock in accordance with their terms.
Genworth's Series A Cumulative Preferred Stock is not listed on any securities exchange.
About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a leading Fortune 500 global financial security company. Genworth has more than $100 billion in assets and employs approximately 6,500 people with a presence in more than 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of more than 15 million customers. Genworth operates through three segments: Retirement and Protection, U.S. Mortgage Insurance and International. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit Genworth.com. From time to time Genworth releases important information via postings on its corporate website. Accordingly, investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information is found under the "Investors" section of Genworth.com.
SOURCE: Genworth Financial, Inc.