American Coastal Insurance Corporation Declares Special Cash Dividend of $0.50 Per Share
American Coastal Insurance (ACIC) has announced a special cash dividend of $0.50 per share of common stock. The dividend will be paid on January 10, 2025, to shareholders who are on record as of January 2, 2025. This decision was approved by the company's Board of Directors.
American Coastal Insurance (ACIC) ha annunciato un dividendo speciale in contanti di $0.50 per azione di capitale comune. Il dividendo sarà pagato il 10 gennaio 2025, agli azionisti registrati fino al 2 gennaio 2025. Questa decisione è stata approvata dal Consiglio di Amministrazione della società.
American Coastal Insurance (ACIC) ha anunciado un dividendo especial en efectivo de $0.50 por acción de acciones comunes. El dividendo se pagará el 10 de enero de 2025, a los accionistas que estén registrados hasta el 2 de enero de 2025. Esta decisión fue aprobada por la Junta Directiva de la empresa.
American Coastal Insurance (ACIC)가 보통주 1주당 $0.50의 특별 현금 배당금을 발표했습니다. 이 배당금은 2025년 1월 10일에 지급되며, 2025년 1월 2일 기준으로 주주로 등록된 분들에게 지급됩니다. 이 결정은 회사 이사회에 의해 승인되었습니다.
American Coastal Insurance (ACIC) a annoncé un dividende spécial en espèces de 0,50 $ par action ordinaire. Le dividende sera payé le 10 janvier 2025 aux actionnaires enregistrés au 2 janvier 2025. Cette décision a été approuvée par le Conseil d'Administration de la société.
American Coastal Insurance (ACIC) hat eine besondere Bar-Dividende von $0,50 pro Aktie des Stammkapitals angekündigt. Die Dividende wird am 10. Januar 2025 an die Aktionäre ausgezahlt, die bis zum 2. Januar 2025 registriert sind. Diese Entscheidung wurde vom Vorstand des Unternehmens genehmigt.
- Special cash dividend of $0.50 per share indicates financial strength and shareholder value return
- Company has sufficient cash reserves to distribute dividends
- None.
ST. PETERSBURG, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that its Board of Directors declared a special cash dividend of
About American Coastal Insurance Corporation:
American Coastal Insurance Corporation (amcoastal.com) is the holding company of the insurance carrier, American Coastal Insurance Company, which was founded in 2007 for the purpose of insuring Condominium and Homeowner Association properties and apartments in the state of Florida. American Coastal Insurance Company has an exclusive partnership for distribution of Condominium Association properties in the state of Florida with AmRisc Group (amriscgroup.com), one of the largest Managing General Agents in the country specializing in hurricane-exposed properties. American Coastal Insurance Company has earned a Financial Stability Rating® of A, Exceptional from Demotech and maintains an A- insurance financial strength rating with a Stable outlook by Kroll. ACIC maintains a “BB+” issuer rating with a Stable outlook by Kroll.
Contact Information:
Alexander Baty
Vice President, Finance & Investor Relations, American Coastal Insurance Corporation
investorrelations@amcoastal.com
(727) 425-8076
Karin Daly
Investor Relations, Vice President, The Equity Group
kdaly@equityny.com
(212) 836-9623
FAQ
What is the amount of ACIC's special cash dividend announced on December 4, 2024?
When is the payment date for ACIC's special dividend?
What is the record date for ACIC's special dividend?
Is ACIC's $0.50 dividend a regular or special dividend?
