United Fire Group (UFCS) Raises Quarterly Dividend 10% to $0.22; 2.9% Yield
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United Fire Group (NASDAQ: UFCS) declared a quarterly dividend of $0.22 per share, or $0.88 annualized. This is a 10% increase from the prior dividend of $0.20.
The dividend will be payable on June 15, 2015, to stockholders of record on June 1, 2015, with an ex-dividend date of May 28, 2015.
The annual yield on the dividend is 2.9 percent.
"United Fire Group, Inc. has consistently paid a quarterly cash dividend since 1968," stated Randy A. Ramlo, President and Chief Executive Officer. "We believe that a competitive dividend emphasizes a commitment to long-term shareholder value and creates an attractive total return for our shareholders."
For a dividend history and other dividend-related data on United Fire Group (UFCS) click here.
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