Argo Group Issues $0.31 per Share Cash Dividend

Rhea-AI Summary

Argo Group International Holdings declared a quarterly cash dividend of $0.31 per share on its common stock. This dividend will be distributed on March 12, 2021, to shareholders of record as of February 26, 2021. Argo Group operates in the specialty insurance market, focusing on property and casualty products, with services divided into U.S. and International Operations. Its insurance subsidiaries maintain an A- rating from Standard & Poor’s and A.M. Best, underscoring its financial stability.

Positive

• Declared a quarterly cash dividend of $0.31 per share.
• Dividend reflects company confidence in financial performance.

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 March 12, 2021 to shareholders of record on February 26, 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 Group and its insurance subsidiaries are rated ‛A-’ by Standard & Poor’s. Argo’s insurance subsidiaries are rated ‛A-’ by A.M. Best. More information on Argo and its subsidiaries is available at argogroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210212005452/en/

FAQ

What is the dividend amount for Argo Group?

The dividend amount for Argo Group is $0.31 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on March 12, 2021.

What is the record date for Argo Group's dividend?

The record date for the dividend is February 26, 2021.

How often does Argo Group pay dividends?

Argo Group pays dividends quarterly.

What ratings do Argo Group's insurance subsidiaries have?

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