Investors Title Company Declares Quarterly Dividend

Rhea-AI Summary

Investors Title Company (NASDAQ: ITIC) has declared a cash dividend of $.46 per share for shareholders of record on March 21, 2023, payable on March 31, 2023. This announcement highlights the company's ongoing commitment to returning value to its shareholders. Investors Title Company operates in the title insurance sector and also offers related services, including tax-deferred exchanges and investment management. The firm is publicly traded on the Nasdaq Global Select Market and is based in North Carolina.

Positive

• Dividend declaration of $.46 per share indicates strong shareholder returns.

Negative

• None.

CHAPEL HILL, N.C.--(BUSINESS WIRE)-- 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 March 21, 2023, payable March 31, 2023.

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/20230306005796/en/

L. Dawn Martin, (919) 968-2200

Source: Investors Title Company

FAQ

What is the dividend amount announced by Investors Title Company?

Investors Title Company has announced a dividend of $.46 per share.

When is the dividend payable for ITIC?

The dividend is payable on March 31, 2023.

Who is eligible for the dividend from Investors Title Company?

Shareholders of record on March 21, 2023, are eligible for the dividend.

How often does Investors Title Company pay dividends?

Investors Title Company typically announces dividends on a quarterly basis.