United Fire Group Announces New Dividend for Shareholders

United Fire Group Declares Quarterly Cash Dividend
United Fire Group, Inc. (UFG) has made a significant announcement regarding its shareholder value by declaring a common stock quarterly cash dividend of $0.16 per share. This decision reflects the company’s strong performance and commitment to returning value to its investors.
Details of the Dividend Announcement
The board of directors for UFG has declared that this dividend will be payable to shareholders on June 20. Shareholders of record as of June 6 will qualify for this beneficial distribution. This keeps in line with UFG's long-standing tradition of consistent dividend payments.
A Historic Dividend Journey
UFG has a proud marketing milestone, marking the payment of its 229th consecutive quarterly dividend. This streak of reliable dividend payments stretches back to March 1968, indicating the company's long-term stability and dedication to its shareholders.
Overview of United Fire Group
Established in 1946, United Fire Group originated as the United Fire & Casualty Company. It has grown significantly through its subsidiaries that specialize in writing property and casualty insurance. UFG is a key player in the insurance sector, holding licenses to operate in all 50 states and the District of Columbia. Their services are accessible through approximately 1,000 independent agencies, ensuring widespread reach and accessibility for clients and policyholders.
Recognition and Ratings
The company has received positive ratings from financial watchdogs, notably receiving an 'A-' (Excellent) rating from AM Best for its financial stability. Such ratings underscore UFG's reliability and robust performance within the insurance market.
Contact Information for Investors and Media
For inquiries related to investor relations, interested parties can reach out via email at ir@unitedfiregroup.com. Additionally, for media inquiries, UFG provides a dedicated email address: news@unitedfiregroup.com. These channels are open for further information on the company’s initiatives and developments.
Frequently Asked Questions
What is the dividend amount declared by United Fire Group?
The board of directors has declared a quarterly cash dividend of $0.16 per share.
When is the dividend payable?
The dividend will be payable on June 20 to shareholders of record as of June 6.
How many consecutive dividends has UFG paid?
United Fire Group has paid 229 consecutive quarterly dividends since March 1968.
What kind of insurance does United Fire Group provide?
United Fire Group provides property and casualty insurance through its insurance subsidiaries.
How can I contact UFG for more information?
Investor relations inquiries can be sent to ir@unitedfiregroup.com, and media inquiries can reach UFG at news@unitedfiregroup.com.
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