Donegal Group (DGICA) Misses Street's Q1 Views; Boosts Qtr. Dividends

April 24, 2009 8:13 AM EDT

Donegal Group Inc. (Nasdaq: DGICA) (Nasdaq: DGICB) reports Q1 EPS of $0.01, versus the analyst estimate of $0.08. Revenue for the quarter was $95.49 million, versus the consensus of $98.15 million.

The Company's board of directors has declared a regular quarterly cash dividend payable May 15, 2009 of $0.1125 per share of Class A common stock and $0.10 per share of Class B common stock to stockholders of record as of the close of business on May 1, 2009. These dividends represent percentage increases of 7.1% for the Company's Class A common stock and 8.1% for the Company's Class B common stock compared to the previous quarterly cash dividend.


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Dividends
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DGICA 14.52

+0.23 +1.61%
Volume: 9,456
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DGICB 16.40

-0.81 -4.71%
Volume: 989
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