American Land Title Association
Home  >  News Room
News Room


SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software


Monroe Title Insurance Corporation Declares Dividend And Announces First Quarter, 2004 Operating Results

May 6, 2004

Monroe Title Insurance Corporation (OTCBB: MTTL), today announced a dividend of $.05 per share, payable on May 13, 2004 to shareholders of record on May 6, 2004.

Monroe also announced today its first quarter, 2004 results. Revenues for the first quarter 2004 were $6.1 million and net income was $176,913 or $ .16 per share.

In making the announcement, Thomas P. Moonan, Monroe’s President and Chief Executive Officer, noted “I am very pleased with the results for the first quarter, 2004. Interest rates remained low during this first quarter of 2004, which helped to generate these positive results. Home purchases, mortgage refinancing and equity lending continued strong but at a somewhat slower pace than last year. Investment returns also improved during the quarter and contributed to these fine results.”

:Monroe Title Insurance Corporation<



Print Friendly


How To Find Us:
American Land Title Association
1828 L Street, NW, Suite 705
Washington, DC 20036-5104
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
Copyright © 2004-2014 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment