Sagen MI Canada Inc. (TSX: MIC) disclosed a net income of $111 million for the second quarter of 2025; a decrease of $40 million from the same quarter last year. This drop was primarily attributed to a decline in net insurance service result and investment income. The Board of Directors also declared a dividend of $0.3375 per Class A preferred share, Series 1, scheduled for payment on September 29, 2025. Holders of record as of September 15, 2025, will be eligible for this dividend. The company confirms that all dividends are accounted for Canadian federal, provincial, or territorial income tax purposes. Full details can be found on Benzinga.com.