Assurant Raises Dividend To $0.21 from $0.18/share
Assurant, (NYSE: AIZ), announces that its board of directors has declared a quarterly dividend of $.21 per share of common stock. This represents a 17 percent increase above the quarterly dividend of $.18 per share, declared on Jan. 13, 2012. The dividend will be payable on June 12, 2012 to stockholders of record as of the close of business on May 29, 2012. "We are pleased to announce the ninth dividend increase since Assurant went public in 2004," said Robert B. Pollock, Assurant's president and CEO. "The increased dividend is a reflection of both our ability to generate strong cash flows and deliver on our commitment to create increased value for our shareholders."
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.