Mercury General Corp. (MCY) Raises Quarterly Dividend 1.7% to $0.61; 5.5% Yield

Mercury General Corp. (NYSE: MCY) declared a quarterly dividend of $0.61 per share, or $2.44 annualized. This is a 1.7% increase from the prior dividend of $0.60.

The dividend will be payable on December 29, 2011, to stockholders of record on December 15, 2011, with an ex-dividend date of December 13, 2011.

The annual yield on the dividend is 5.5 percent.

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