Investors Title Co (ITIC) Raises Quarterly Dividend 14.3% to $0.40; 0.9% Yield

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Go back to Investors Title Co (ITIC) Raises Quarterly Dividend 14.3% to $0.40; 0.9% Yield

Investors Title Company Board Increases Quarterly Dividend

August 16, 2017 12:01 PM EDT

CHAPEL HILL, N.C.--(BUSINESS WIRE)-- Investors Title Company announced today that the Companys Board of Directors declared a cash dividend of $.40 per share to shareholders of record on September 1, 2017, payable September 15, 2017, a 14.3% increase per share over the $.35 paid in the most recent quarter.

The decision to increase the cash dividend over the prior quarter reflects the Boards and managements confidence in the Companys strategy and ability to continue to generate sustainable cash flow, said J. Allen Fine, Chairman of the Board... More