United Fire Group (UFCS) Declares $3.00 Special Cash Dividend; 5.3% Yield

July 24, 2018 7:06 AM EDT

United Fire Group (NASDAQ: UFCS) declared a special dividend of $3.00 per share.

The dividend will be payable on August 20, 2018, to stockholders of record on August 3, 2018, with an ex-dividend date of August 2, 2018.

The annual yield on the dividend is 5.3 percent.

“We are pleased to share the profits of the sale of United Life Insurance Company with our shareholders,” said UFG CEO Randy Ramlo. “This special cash dividend benefits our shareholders, while allowing UFG to continue building upon the success of our property and casualty operations, together with future strategic opportunities, share repurchases and capital initiatives.”

For a dividend history and other dividend-related data on United Fire Group (UFCS) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Dividends, Hot Dividends, Management Comments, Special Dividends

Related Entities

Dividend