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Argo Group Issues $0.31 per Share Cash Dividend

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dividends
Rhea-AI Summary

Argo Group International Holdings, Ltd. (NYSE: ARGO) has declared a quarterly cash dividend of $0.31 per share on its common stock. This dividend will be paid on June 4, 2021, to shareholders recorded on May 21, 2021. Argo specializes in underwriting specialty insurance products within the property and casualty market, providing tailored coverage solutions through its U.S. and International Operations. The company holds an 'A-' rating from Standard & Poor’s and A.M. Best.

Positive
  • Quarterly cash dividend of $0.31 per share, enhancing shareholder income.
  • Strong ratings of 'A-' from both Standard & 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 June 4, 2021 to all common shareholders of record on May 21, 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.

FAQ

What is the dividend amount declared by Argo Group?

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

When will the dividend be paid to shareholders?

The dividend will be paid on June 4, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is May 21, 2021.

How does Argo Group rate in financial stability?

Argo Group is rated 'A-' by Standard & Poor’s and A.M. Best.

Argo Group International Holdings, Ltd.

NYSE:ARGO

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ARGO Stock Data

1.06B
35.08M
0.4%
114.36%
4.4%
Insurance - Property & Casualty
Financial Services
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