AmTrust Financial (AFSI) Declares $0.15 Quarterly Dividend; 2.3% Yield

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AmTrust Financial Services, Inc. Announces Quarterly Cash Dividend on Common Stock

February 10, 2016 12:11 PM EST

NEW YORK, Feb. 10, 2016 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) today announced that its Board of Directors approved a quarterly cash dividend of $0.15 per share.  The dividend will be payable April 15, 2016 to stockholders of record on April 1, 2016.

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AmTrust Financial Services, Inc. Reports Fourth Quarter 2015 Operating Earnings Per Diluted Share(1)(2) of $0.72 and Net Income Per Diluted Share(2) of $0.37  

February 10, 2016 7:00 AM EST

Financial Highlights

Fourth Quarter 2015

Gross written premium of $1.61 billion, up 10% (14% excluding the impact of European currency fluctuations) compared to $1.46 billion in the fourth quarter 2014Net earned premium of $1.06 billion, up 16% from $908.2 million in the fourth quarter 2014 Operating diluted EPS(1)(2) of $0.72 compared to $0.73 in the fourth quarter 2014Diluted EPS(2) of $0.37 compared with $0.44 in the fourth quarter 2014Annualized operating return on common equity(1) of 21.7% and annualized return on common equity of 11.2%Service and fee income of $131.4 million, up 29% from $101.7 million in the fourth quarter 2014Operating earnings(1) of... More