UFG Declares Quarterly Cash Dividend of $0.16
The Board of Directors of United Fire Group, Inc. has officially declared a quarterly cash dividend of $0.16 per share. This announcement reaffirms UFG's commitment to rewarding its shareholders consistently. The dividend is set to be paid to shareholders of record, marking yet another step in the company's long-standing tradition of financial integrity.
A Proud History of Dividend Payments
With this latest declaration, UFG reaches an impressive milestone of 227 consecutive quarterly dividend payments. Since its inception in 1946, the company has demonstrated a steadfast dedication to returning value to its investors. The history of UFG's dividend payments dates back to March 1968, a period during which the firm has built a reputation for stability in the eyes of its shareholders.
About United Fire Group
Founded as United Fire & Casualty Company, UFG has a significant footprint in the property and casualty insurance market. The company operates through its various insurance subsidiaries and is licensed in all 50 states and the District of Columbia. UFG takes pride in its representation through approximately 1,000 independent insurance agencies, ensuring wide accessibility for its offerings.
Commitment to Quality and Excellence
A.M. Best Company has rated UFG with an 'A-' (Excellent), reflecting the company's strong financial position and ability to meet its ongoing obligations to policyholders. This recognition is a testament to the company's rigorous risk management and operational practices that have been cultivated over many decades.
Financial Stability and Growth
The recent dividend declaration is not just a routine payment; it embodies UFG's approach to managing challenges while pursuing opportunities for growth and stability. The company's management remains focused on navigating market dynamics and ensuring that it adheres to its long-term goals while delivering excellent service to its clients.
Investor Relations and Media Contact Information
To maintain transparency and keep stakeholders informed, UFG has set up a dedicated Investor Relations team. Interested parties can reach out to them for inquiries or insights about dividends and other company updates. The Investor Relations email for UFG is ir@unitedfiregroup.com, while media inquiries can be directed to news@unitedfiregroup.com.
Frequently Asked Questions
What is the amount of the declared dividend per share?
United Fire Group, Inc. declared a dividend of $0.16 per share for its common stock.
How long has UFG been paying dividends?
UFG has consistently paid dividends for over 227 consecutive quarters since March 1968.
What ratings does United Fire Group hold?
A.M. Best Company rates UFG as 'A-' (Excellent), indicating strong financial health.
How can investors contact UFG for more information?
Investors can contact UFG's Investor Relations team via email at ir@unitedfiregroup.com for inquiries.
What industry does UFG operate in?
UFG operates in the property and casualty insurance industry, writing various insurance policies across the United States.
