Investors Title Co (ITIC) Declares $10.60 Special Dividend; 5.8% Yield

Investors Title Co (NASDAQ: ITIC) declared a special dividend of $10.60 per share.

The dividend will be payable on December 17, 2018, to stockholders of record on December 3, 2018, with an ex-dividend date of November 30, 2018.

The annual yield on the dividend is 5.8 percent.

“The special dividend is a reflection of the Company’s recent results, strong financial position, and our confidence in the Company’s financial future. Returning capital to shareholders in this manner allows us to maintain our conservative capital structure and preserve the financial flexibility to grow our business, while allowing for ongoing dividend payments and opportunistic share repurchases,” said J. Allen Fine, Chairman of the Board of Investors Title Company.

For a dividend history and other dividend-related data on Investors Title Co (ITIC) click here.

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