AMERISAFE Increases Dividend 7.4%

Rhea-AI Summary

AMERISAFE, Inc. (Nasdaq: AMSF) has announced a 7.4% increase in its quarterly dividend, raising it from $0.27 to $0.29 per share. This dividend will be payable on March 26, 2021, to shareholders of record as of March 12, 2021. Since initiating dividend payments in 2013, AMERISAFE has paid a total of $27.63 per share, including $5.88 in regular dividends and $21.75 in special dividends. The company is a leading provider of workers' compensation insurance for high hazard industries across 27 states.

Positive

• Quarterly dividend increased by 7.4% from $0.27 to $0.29 per share.
• Total dividends paid since 2013 amount to $27.63 per share, indicating strong shareholder returns.

Negative

• None.

Increases Quarterly Dividend from $0.27 to $0.29 per Share

DERIDDER, La., Feb. 24, 2021 (GLOBE NEWSWIRE) -- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that its Board of Directors has increased the quarterly dividend by 7.4%, from $0.27 to $0.29 per share.  

The Board of Directors declared a quarterly cash dividend of $0.29 per share, payable on March 26, 2021 to shareholders of record as of March 12, 2021.

The Company began paying dividends in 2013. Since that time, the Company has paid $27.63 in dividends per share, comprising $5.88 in regular dividends and $21.75 in special dividends.

Additional information on the Company’s fourth quarter and 2020 full year earnings can be found in AMERISAFE’s accompanying earnings release issued today.

ABOUT AMERISAFE

AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. AMERISAFE actively markets workers’ compensation insurance in 27 states.

FAQ

What is the new dividend amount for AMSF?

The new dividend amount for AMERISAFE (AMSF) is $0.29 per share.

When is the AMSF dividend payment date?

The dividend payment date for AMSF is March 26, 2021.

Who qualifies for the AMSF dividend?

Shareholders of record as of March 12, 2021, qualify for the AMSF dividend.

How much has AMSF paid in dividends since 2013?

AMSF has paid a total of $27.63 per share in dividends since 2013.

Is the AMSF dividend sustainable?

The sustainability of the AMSF dividend can be assessed by its consistent history of dividend payments since 2013.