EMC Insurance Group (EMCI) Raises Quarterly Dividend 4.8% to $0.22; 3% Yield
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EMC Insurance Group Inc. Increases and Declares Quarterly Cash Dividend, and Announces Executive Officer Appointments
November 6, 2017 5:31 PM ESTDES MOINES, Iowa, Nov. 06, 2017 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (NASDAQ: EMCI) (the Company) today announced that its board of directors declared a quarterly cash dividend of $0.22 per share of common stock payable November 27, 2017, to stockholders of record as of November 20, 2017. The $0.22 per share quarterly dividend represents a 4.8 percent increase over the previous quarterly dividend of $0.21 per share. This is the eighth consecutive year we have increased the quarterly cash dividend, stated President and Chief Executive Officer Bruce G. Kelley. Our strong dividend demonstrates a long-term commitment to rewarding stockholders with an attractive return. The... More
