Assurant (AIZ) Raises Quarterly Dividend 4.8% to $0.66; 2% Yield
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 1.7%
Revenue Growth %: +6.4%
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Assurant (NYSE: AIZ) declared a quarterly dividend of $0.66 per share, or $2.64 annualized. This is a 4.8% increase from the prior dividend of $0.63.
The dividend will be payable on December 21, 2020, to stockholders of record on November 30, 2020, with an ex-dividend date of November 27, 2020.
The annual yield on the dividend is 2 percent.
“The superior cash flow generation of our lifestyle and housing portfolio provides us with ongoing financial flexibility to invest in the growth of our business while returning significant capital to shareholders,” said Alan Colberg, president and CEO, Assurant. “Today’s announcement represents the 16th consecutive year of common stock dividend increases since our 2004 initial public offering.”
For a dividend history and other dividend-related data on Assurant (AIZ) click here.
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