The Hartford Declares Quarterly Dividend Of $375 Per Share Of Series G Preferred Stock

Rhea-AI Summary

The Hartford’s Board of Directors has declared a dividend of $375 on each of the Series G preferred stock, translating to $0.375 per depository share. This dividend will be payable on February 15, 2023, to shareholders of record as of the close of business on February 1, 2023. The Hartford, renowned for its property and casualty insurance, has over 200 years of expertise, emphasizing sustainability and trust in its operations.

Positive

• Dividend declaration of $375 per Series G preferred stock supports shareholder income.
• Long-standing expertise in the industry enhances investor confidence.

Negative

• None.

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford’s Board of Directors today declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Feb. 15, 2023, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2023.

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

HIG-F

^{Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.}

^{From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.}

View source version on businesswire.com: https://www.businesswire.com/news/home/20221214005978/en/

Media:

Matthew Sturdevant

860-547-8664

matthew.sturdevant@thehartford.com

Investors:

Susan Spivak Bernstein

860-547-6233

susan.spivak@thehartford.com

Source: The Hartford

FAQ

What is the dividend amount declared by The Hartford for Series G preferred stock?

The dividend amount declared is $375 per Series G preferred stock.

When is the dividend for The Hartford's Series G preferred stock payable?

The dividend is payable on February 15, 2023.

What is the record date for The Hartford's Series G preferred stock dividend?

The record date for the dividend is February 1, 2023.

How does the dividend declaration affect HIG shareholders?

The dividend declaration provides direct income to HIG shareholders, enhancing returns.

What is the significance of The Hartford's dividend declaration for investors?

It indicates the company's financial health and commitment to returning value to shareholders.