Assurant Board of Directors Declares Quarterly Dividend of $0.68 per Common Share

Rhea-AI Summary

Assurant, Inc. (NYSE: AIZ) announced a quarterly dividend of $0.68 per share, payable on September 19, 2022, to shareholders of record as of August 29, 2022. Future dividend amounts will depend on the company's financial health, earnings, capital needs, and regulatory factors. As a Fortune 500 company operating in 21 countries, Assurant provides essential business services, including vehicle protection, renters insurance, and mobile device solutions, enhancing consumer experiences worldwide.

Positive

• Quarterly dividend increase to $0.68 per share supports shareholder income.
• Assurant has a diverse portfolio in business services, which may enhance stability.

Negative

• Future dividends are subject to market conditions, which may affect consistency.
• Company's reliance on external factors for dividends raises concerns regarding predictability.

NEW YORK--(BUSINESS WIRE)-- Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects and connects major consumer purchases, announced today that its Board of Directors declared a quarterly dividend of $0.68 per share of common stock. The dividend will be payable on September 19, 2022 to stockholders of record as of the close of business on August 29, 2022.

Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company’s earnings, financial condition, capital requirements, future prospects, regulatory restrictions and other considerations.

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products and other specialty products.

Learn more at assurant.com or on Twitter @Assurant.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220804005014/en/

Media Contact:

Linda Recupero

Senior Vice President, Global Enterprise Communications

Phone: 201.519.9773

linda.recupero@assurant.com



Stacie Sherer

Vice President, Corporate Communications

Phone: 917.420.0980

stacie.sherer@assurant.com



Investor Relations Contacts:

Suzanne Shepherd

Senior Vice President, Investor Relations and Sustainability

Phone: 201.788.4324

suzanne.shepherd@assurant.com



Sean Moshier

Vice President, Investor Relations

Phone: 914.204.2253

sean.moshier@assurant.com

Source: Assurant, Inc.

FAQ

What is the dividend amount declared by Assurant, Inc.?

Assurant, Inc. declared a quarterly dividend of $0.68 per share.

When will Assurant, Inc.'s dividend be paid?

The dividend will be payable on September 19, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is August 29, 2022.

How often does Assurant, Inc. declare dividends?

Assurant, Inc. declares dividends quarterly, subject to the Board's discretion.

What factors influence Assurant, Inc.'s future dividend declarations?

Future dividends depend on earnings, financial condition, capital requirements, and regulatory restrictions.