ProAssurance (PRA) Declares $4.69 Special Dividend; 8.4% Yield

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ProAssurance Announces Special and Regular Dividends Totaling $5.00 per Share

November 30, 2016 4:16 PM EST

BIRMINGHAM, Ala., Nov. 30, 2016 /PRNewswire/ -- The ProAssurance Corporation (NYSE: PRA) Board of Directors today declared a special dividend of $4.69 per share and a regular dividend of $0.31 per share. Both will be paid on January 9, 2017 to shareholders who own our stock as of December 23, 2016.

"We believe that today's declaration of a special dividend is the correct response to current market conditions which... More