FedNat Holding (FNHC) Raises Quarterly Dividend 12.5% to $0.09; 2.5% Yield
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FedNat Holding (NASDAQ: FNHC) declared a quarterly dividend of $0.09 per share, or $0.36 annualized. This is a 12.5% increase from the prior dividend of $0.08.
The dividend will be payable on December 2, 2019, to stockholders of record on November 15, 2019, with an ex-dividend date of November 14, 2019.
The annual yield on the dividend is 2.5 percent.
“FedNat is committed to prudently returning capital to its shareholders,” said Michael H. Braun, Chief Executive Officer. “The management team and board are pleased FedNat has returned over $25 million to shareholders since 2017, and this increase to our quarterly dividend further validates our commitment.”
For a dividend history and other dividend-related data on FedNat Holding (FNHC) click here.
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