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Donegal Group Inc. Announces Quarterly Dividend

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Donegal Group Inc. declares quarterly cash dividend
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  • Donegal Group Inc. declares a regular quarterly cash dividend of $0.17 per share of Class A common stock and $0.1525 per share of Class B common stock.
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MARIETTA, Pa., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.17 per share of the Company’s Class A common stock and $0.1525 per share of the Company’s Class B common stock. The dividends are payable on November 15, 2023 to stockholders of record as of the close of business on November 1, 2023.

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 dividend amount declared by Donegal Group Inc.?

Donegal Group Inc. declared a regular quarterly cash dividend of $0.17 per share of Class A common stock and $0.1525 per share of Class B common stock.

When will the dividends be payable?

The dividends will be payable on November 15, 2023.

Who will receive the dividends?

The dividends will be payable to stockholders of record as of the close of business on November 1, 2023.

Donegal Group Inc

NASDAQ:DGICA

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DGICA Stock Data

525.36M
27.91M
1.48%
79.68%
0.69%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States of America
MARIETTA