Argo Group Issues $0.31 per Share Cash Dividend

Rhea-AI Summary

Argo Group International Holdings, Ltd. (NYSE: ARGO) declared a quarterly cash dividend of $0.31 per share on its common stock. This dividend will be paid on September 15, 2021 to shareholders of record as of August 31, 2021. Argo specializes in underwriting property and casualty insurance products, catering to unique business needs through its U.S. and International Operations. The company holds an 'A-' rating from Standard and Poor's and A.M. Best for its insurance subsidiaries, reflecting a solid financial position.

Positive

• Quarterly cash dividend of $0.31 per share enhances shareholder income.
• Strong 'A-' ratings from Standard and Poor's and A.M. Best indicate financial stability.

Negative

• None.

Argo Group International Holdings, Ltd. (NYSE: ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on September 15, 2021 to shareholders of record on August 31, 2021.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD.

Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries are rated ‛A-’ by Standard and Poor’s. Argo’s insurance subsidiaries are rated ‛A-’ by A.M. Best. More information on Argo and its subsidiaries is available at www.argogroup.com.

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FAQ

What is the dividend amount declared by Argo Group?

Argo Group declared a quarterly cash dividend of $0.31 per share.

When will Argo Group pay the dividend?

The dividend will be paid on September 15, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is August 31, 2021.

What ratings does Argo Group's subsidiaries hold?

Argo's subsidiaries are rated 'A-' by both Standard and Poor's and A.M. Best.

How does Argo Group provide its insurance services?

Argo Group offers specialty insurance products in the property and casualty market through U.S. and International Operations.