logo
  Join        Login             Stock Quote

Assurant Board of Directors Increases Quarterly Dividend to $.21 per Common Share

Friday, May 11, 2012 12:04 PM


Dividend Marks Ninth Increase for Assurant as a Public Company

NEW YORK, May 11, 2012 /PRNewswire/ -- Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, 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."

Future dividend declarations will be made at the discretion of the Assurant board of directors and will be based on the company's earnings, financial condition, cash requirements, future prospects and other factors.

Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $27 billion in assets and $8 billion in annual revenue. www.assurant.com

SOURCE Assurant, Inc.

(Source: PR Newswire )
(Source: Quotemedia)

Advertisement
Advertisement



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.