AmTrust Financial Services (AFSI) Declares $0.20 Quarterly Dividend; 1.9% Yield

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AmTrust Financial Announces Cash Dividends on Common and Preferred Stock

August 7, 2014 2:53 PM EDT

NEW YORK, Aug. 7, 2014 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq: AFSI) today announced that its Board of Directors approved a quarterly cash dividend of $0.20 per share of common stock. The dividend will be payable on October 15, 2014, to shareholders of record as of October 1,... More

AmTrust Financial Services, Inc. Reports Strong Profit Growth for Second Quarter 2014 With Operating Earnings(1) Per Diluted Share Rising 78.7% to $1.34 and Net Income of $1.33 Per Diluted Share

August 7, 2014 7:00 AM EDT

Book Value Per Common Share of $21.13, Up 19.1% Since December 31, 2013

Financial Highlights

Second Quarter 2014

Gross written premium of $1.44 billion, up 38.7%, and net earned premium of $874.9 million, up 63.1% from the second quarter 2013 Operating diluted EPS(1) of $1.34 ($(0.03) attributable to loss on life settlements) compared to $0.75 ($0.01 attributable to gain on life settlements) in the second quarter 2013 Annualized operating return on common equity(1) of 28.0% and annualized return on common equity of 27.8% Service and fee income of $99.5 million, up 13.0% from the second quarter 2013 Operating earnings(1) of $107.1 million compared to $57.4... More