United Fire Group Declares Quarterly Dividend for Investors

Author: Lucas Young Updated: 02-21-2025 04:19 PM

United Fire Group Announces Quarterly Cash Dividend

United Fire Group, Inc. is pleased to share that its Board of Directors has declared a quarterly cash dividend of $0.16 per share on its common stock. This rewarding initiative reflects the company's strong commitment to returning value to its shareholders and will be paid on March 21, with a record date of March 7.

A Legacy of Consistent Dividends

The declaration of this quarterly cash dividend is a significant milestone for United Fire Group, as it marks the 228th consecutive quarterly dividend paid since the company's inception. This unwavering dedication to dividend payments showcases United Fire's robust financial health and confidence in continued profitability, dating back to March 1968.

Understanding United Fire Group's Operations

Established in 1946, United Fire Group, originally known as United Fire & Casualty Company, operates through its subsidiaries to offer a wide range of property and casualty insurance products. Over the years, United Fire Group has built a solid reputation in the insurance sector by focusing on quality service and competitive products tailored to meet the needs of their clients.

Insurance Coverage Across the Nation

United Fire Group is licensed to operate as a property and casualty insurer across all 50 states and the District of Columbia. It has developed a broad network of around 1,000 independent agencies that represent its products and services. This extensive network is a testament to the company’s dedication to accessibility and ease of service for its customers.

Strong Financial Ratings

The company’s financial resilience is further underscored by its strong ratings. The A.M. Best Company has assigned an impressive rating of "A-" (Excellent) for members of the United Fire & Casualty Group. This rating signals the company’s financial stability and position within the industry, offering assurance to its policyholders.

Investor and Media Relations

For those interested in learning more about United Fire Group or its operations, the company encourages inquiries through its dedicated communication channels. Investors looking for further information can reach out to the Investor Relations team at United Fire Group. They can be contacted via email at ir@unitedfiregroup.com. Media inquiries should be directed to news@unitedfiregroup.com, ensuring that information flows smoothly to all stakeholders.

Frequently Asked Questions

What is the declared dividend amount for United Fire Group?

The Board of Directors declared a quarterly dividend of $0.16 per share.

When is the dividend payment date?

The dividend will be payable on March 21 to shareholders of record as of March 7.

How many consecutive dividends has United Fire Group paid?

United Fire Group has paid a remarkable total of 228 consecutive quarterly dividends.

What type of insurance does United Fire Group provide?

United Fire Group offers a variety of property and casualty insurance products through its subsidiaries.

How can I contact United Fire Group for more information?

You can reach United Fire Group's Investor Relations at ir@unitedfiregroup.com, and media inquiries can be sent to news@unitedfiregroup.com.

About The Author

Even at just 28 years old, Lucas Young has made a name for himself as a writer and financial expert. Lucas is a gifted communicator of difficult financial ideas and has written a number of well-received books and articles that appeal to both new and experienced investors. The financial world has come to rely on his perceptive analysis and useful counsel. Many people have been enabled to make wise investment decisions by Lucas's commitment to financial literacy and his ability to demystify the complexities of the market. Lucas is still dedicated to advising and teaching people on their financial journeys as he shares his knowledge.

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