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Donegal Group Inc. (NASDAQ:DGICA) announces an increase in its quarterly dividend, with a regular cash dividend of $0.1725 per share for Class A common stock and $0.155 per share for Class B common stock. The dividends, payable on May 22, 2024, represent a 1.5% increase for Class A and 1.6% increase for Class B compared to the previous quarter.
Donegal Group Inc. (NASDAQ:DGICA) annuncia un aumento del suo dividendo trimestrale, con un dividendo in contanti ordinario di $0,1725 per azione per la Classe A e di $0,155 per azione per la Classe B. I dividendi, che saranno pagati il 22 maggio 2024, rappresentano un incremento dell'1,5% per la Classe A e del 1,6% per la Classe B rispetto al trimestre precedente.
Donegal Group Inc. (NASDAQ:DGICA) anuncia un incremento en su dividendo trimestral, con un dividendo en efectivo regular de $0.1725 por acción para la Clase A y $0.155 por acción para la Clase B. Los dividendos, pagaderos el 22 de mayo de 2024, representan un aumento del 1.5% para la Clase A y un aumento del 1.6% para la Clase B en comparación con el trimestre anterior.
Donegal Group Inc. (NASDAQ:DGICA)는 분기 배당금 인상을 발표했으며, A 클래스 보통주는 주당 $0.1725, B 클래스 보통주는 주당 $0.155의 정규 현금 배당금을 지급합니다. 2024년 5월 22일에 지급될 이 배당금은 전 분기 대비 A 클래스는 1.5% 증가, B 클래스는 1.6% 증가한 것을 나타냅니다.
Donegal Group Inc. (NASDAQ:DGICA) annonce une augmentation de son dividende trimestriel, avec un dividende en espèces régulier de 0,1725 $ par action pour l'action de Classe A et de 0,155 $ par action pour l'action de Classe B. Les dividendes, payables le 22 mai 2024, représentent une augmentation de 1,5 % pour la Classe A et de 1,6 % pour la Classe B par rapport au trimestre précédent.
Die Donegal Group Inc. (NASDAQ:DGICA) kündigt eine Erhöhung ihrer vierteljährlichen Dividende an, mit einer regulären Barausschüttung von $0,1725 pro Aktie für die Klasse A und $0,155 pro Aktie für die Klasse B. Die Dividenden, zahlbar am 22. Mai 2024, stellen eine Steigerung von 1,5% für Klasse A und 1,6% für Klasse B im Vergleich zum Vorquartal dar.
Positive
Donegal Group Inc. declares an increase in its quarterly dividend for both Class A and Class B common stock.
The dividend amounts to $0.1725 per share for Class A and $0.155 per share for Class B.
Stockholders of record as of May 8, 2024, will receive the dividends on May 22, 2024.
The increase represents a 1.5% rise for Class A and a 1.6% rise for Class B compared to the previous quarter.
Negative
None.
MARIETTA, Pa., April 18, 2024 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1725 per share of the Company’s Class A common stock and $0.155 per share of the Company’s Class B common stock. The dividends are payable on May 22, 2024 to stockholders of record as of the close of business on May 8, 2024.
These dividends represent percentage increases of 1.5% for the Company’s Class A common stock and 1.6% for the Company’s Class B common stock compared to the previous quarterly cash dividend rates.
About Donegal Group Inc.
Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of insurance in 23 Mid-Atlantic, Midwestern, New England, Southern and Southwestern states. Donegal Mutual Insurance Company and its insurance subsidiaries conduct business together with the insurance subsidiaries of Donegal Group Inc. as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).
The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. The Company is focused on several primary strategies, including achieving sustained excellent financial performance, strategically modernizing its operations and processes to transform its business, capitalizing on opportunities to grow profitably and delivering a superior experience to its agents and customers.
Investor Relations Contact
Karin Daly Vice President, The Equity Group Inc. Phone: (212) 836-9623 E-mail: kdaly@equityny.com
FAQ
What is the new quarterly dividend for Donegal Group Inc. Class A common stock?
The new quarterly dividend for Donegal Group Inc. Class A common stock is $0.1725 per share.
When will the dividends be payable to stockholders?
The dividends will be payable on May 22, 2024.
What is the percentage increase in the dividend for Donegal Group Inc. Class B common stock?
The percentage increase for Donegal Group Inc. Class B common stock is 1.6% compared to the previous quarter.
Who declared the increase in the quarterly dividend for Donegal Group Inc.?
The increase in the quarterly dividend for Donegal Group Inc. was declared by the board of directors.
What is the record date for stockholders to receive the dividends?
Stockholders of record as of May 8, 2024, will receive the dividends.
