Selective Insurance Group (SIGI) Tops Q3 EPS by 10c, Revenues Beat

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Go back to Selective Insurance Group (SIGI) Tops Q3 EPS by 10c, Revenues Beat

Selective Insurance Group (SIGI) Raises Quarterly Dividend 11.1% to $0.20; 1.3% Yield

October 25, 2018 5:30 PM EDT

Selective Insurance Group (NASDAQ: SIGI) declared a quarterly dividend of $0.20 per share, or $0.8 annualized. This is an 11.1% increase from the prior dividend of $0.18.

The dividend will be payable on December 3, 2018, to stockholders of record on November 15, 2018, with an ex-dividend date of November 14, 2018.

The annual yield on the dividend is 1.3 percent.

"In the third quarter, we generated a 94.6% GAAP combined ratio, or 90.0% excluding catastrophe losses," said Gregory E. Murphy, Chairman and Chief Executive Officer. "Although Hurricane Florence... More