AMERISAFE Increases Dividend By 6.9%

Rhea-AI Summary

AMERISAFE, Inc. (NASDAQ: AMSF) has announced a quarterly dividend increase of $0.02, raising it from $0.29 to $0.31 per share, representing a 6.9% increase. The dividend is payable on March 25, 2022, to shareholders of record as of March 11, 2022. Since initiating dividend payments in 2013, the company has distributed $32.79 per share, including $7.04 in regular dividends and $25.75 in special dividends.

Positive

• Quarterly dividend increased by 6.9% to $0.31 per share.
• Dividend payable March 25, 2022, indicates strong shareholder returns.

Negative

• None.

Increases Quarterly Dividend from $0.29 to $0.31 per Share

DERIDDER, La.--(BUSINESS WIRE)--

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 6.9%, from $0.29 to $0.31 per share.

The Board of Directors declared a quarterly cash dividend of $0.31 per share, payable on March 25, 2022 to shareholders of record as of March 11, 2022.

The Company began paying dividends in 2013. Since that time, the Company has paid $32.79 in dividends per share, comprising $7.04 in regular dividends and $25.75 in special dividends.

Additional information on the Company’s fourth quarter and 2021 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, agriculture, and manufacturing. AMERISAFE actively markets workers’ compensation insurance in 27 states.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220222005845/en/

Neal A. Fuller, EVP & CFO

AMERISAFE

337.463.9052

Source: AMERISAFE, Inc.

FAQ

What is the new dividend amount for AMSF shareholders?

The new dividend amount for AMSF shareholders is $0.31 per share.

When will AMSF's dividend be paid?

AMSF's dividend will be paid on March 25, 2022.

What was AMSF's previous dividend amount?

AMSF's previous dividend amount was $0.29 per share.

How much has AMSF paid in dividends since 2013?

Since 2013, AMSF has paid a total of $32.79 per share in dividends.

When is the record date for AMSF's dividend?

The record date for AMSF's dividend is March 11, 2022.