ProAssurance (PRA) Declares $1.00 Special Dividend; 1.9% Yield

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ProAssurance Announces Special Dividend

December 2, 2015 4:18 PM EST

BIRMINGHAM, Ala., Dec. 2, 2015 /PRNewswire/ -- The ProAssurance Corporation (NYSE: PRA) Board of Directors has authorized a special dividend of $1.00 per common share and a regular quarterly dividend of $0.31 per common share. Both dividends will be paid on January 8, 2016 to shareholders who own our stock as of December 24, 2015.

"Our commitment to enhancing the value of ProAssurance for our shareholders and our insureds is unwavering. Today's dividend actions provide a responsible return of capital to shareholders while maintaining the financial flexibility... More