Assurant (AIZ) Raises Quarterly Dividend 66.7% to $0.50; 2.7% Yield

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Assurant Announces Sale of Employee Benefits Business and Enhances Capital Management Program

September 9, 2015 5:05 PM EDT

Sale of employee benefits business aligns with strategy to sharpen focus on housing and lifestyle protection products and services Company builds on longstanding track record of returning capital to shareholders Increases fourth quarter 2015 common stock dividend by 67 percent to $0.50 per share Authorizes new $750 million share repurchase program, bringing the total authorization to more than $1 billion

NEW YORK--(BUSINESS WIRE)-- Assurant,... More