Hartford Financial (HIG) Cuts Qtr. Dividend by 39.6% to $0.32

October 15, 2008 2:34 PM EDT

The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that its Board has approved a 39.6% reduction in its quarterly dividend from $0.53 to $0.32 per common share, payable on January 2, 2009, to shareholders of record at the close of business on December 1, 2008.

The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services in the United States and internationally.


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