Investors Title Company Declares Quarterly Dividend

Rhea-AI Summary

Investors Title Company (Nasdaq: ITIC) has announced a cash dividend of $.46 per share, a 4.55% increase from the previous $.44 per share. This dividend is payable to shareholders of record as of June 15, 2021, with a payment date of June 30, 2021. The company specializes in issuing and underwriting title insurance policies and provides related services, including tax-deferred exchanges and investment management.

Positive

• Dividend increase of 4.55% per share.
• Cash dividend of $.46 per share enhances shareholder value.

Negative

• None.

Investors Title Company (Nasdaq: ITIC) announced today that the Company's Board of Directors has declared a cash dividend of $.46 per share to shareholders of record June 15, 2021, payable June 30, a 4.55% increase per share over the $.44 paid in the most recent quarter.

Investors Title Company is a publicly-held North Carolina company whose stock is traded on The Nasdaq Global Select Market.

Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides services in connection with tax-deferred exchanges of like-kind property as well as investment management services to individuals, companies, banks and trusts.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005867/en/

FAQ

What is the new dividend amount for Investors Title Company (ITIC)?

The new dividend amount is $.46 per share.

When is the dividend payable for ITIC?

The dividend is payable on June 30, 2021.

What was the previous dividend amount for ITIC before the increase?

The previous dividend amount was $.44 per share.

Who is eligible for the dividend payment from ITIC?

Shareholders of record as of June 15, 2021, are eligible for the dividend payment.

How frequently does Investors Title Company (ITIC) pay dividends?

Investors Title Company typically pays dividends quarterly.