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The Hartford Declares Quarterly Dividends Of $0.425 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
The Hartford (HIG) Declares Dividends on Common Stock and Series G Preferred Stock
Positive
The Hartford's declaration of dividends on common stock and Series G preferred stock indicates the company's commitment to rewarding its shareholders.
The dividend of $0.425 per share of common stock and $0.375 per depository share of Series G preferred stock reflects the company's strong financial position and ability to generate consistent returns for investors.
Negative
None.
HARTFORD, Conn.--(BUSINESS WIRE)--
The Hartford’s Board of Directors today declared a dividend of $0.425 per share of common stock, payable Oct. 3, to common stock shareholders of record at the close of business on Sept. 1.
The board also declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Nov. 15, to Series G preferred stock shareholders of record at the close of business on Nov. 1.
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 2022 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.
What is the dividend declared by The Hartford for common stock?
The Hartford declared a dividend of $0.425 per share of common stock, payable on Oct. 3 to shareholders of record at the close of business on Sept. 1.
When will the dividend on Series G preferred stock be paid by The Hartford?
The dividend of $375 on each Series G preferred stock (equivalent to $0.375 per depository share) will be payable on Nov. 15 to shareholders of record at the close of business on Nov. 1.