Investors Title Co (ITIC) Raises Quarterly Dividend 75% to $0.35; 0.7% Yield

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Investors Title Company Board Increases Quarterly Dividend

May 17, 2017 5:02 PM EDT

CHAPEL HILL, N.C.--(BUSINESS WIRE)-- Investors Title Company announced today that the Company's Board of Directors declared a cash dividend of $.35 per share to shareholders of record on June 15, 2017, payable June 30, 2017, a 75% increase per share over the $.20 paid in recent quarters.

The decision to increase the cash dividend for a second time within twelve months is consistent with the Companys plans to return capital to shareholders, and reflects the Boards and managements confidence in the Companys strategy and ability to continue to generate... More