TORONTO, May 2, 2024 /CNW/ - Sagen MI Canada Inc. (the "Company") (TSX:MIC) today reported first quarter 2024 net income of $145 million. First Quarter 2024 Financial Results Net income of $145 million was $44 million higher than the same quarter in the prior year, primarily due to higher net insurance service result and higher investment income. Preferred Dividends The Company also announced today that its Board of Directors had declared a dividend of $0.3375 per Class A preferred share, Series 1, payable on June 28th, 2024, to holders of record at the close of business on June 14th, 2024. Sagen MI Canada Inc. designates any and all dividends paid or ...