Investors Title Company Declares Quarterly Dividend

Rhea-AI Summary

Investors Title Company (Nasdaq: ITIC) announced a cash dividend of $0.46 per share, declared by its Board of Directors. Shareholders of record on June 14, 2024, will receive the dividend on June 28, 2024.

Investors Title Company, based in Chapel Hill, NC, is publicly traded on The Nasdaq Global Select Market. The company specializes in issuing and underwriting title insurance policies and also provides services for tax-deferred exchanges and investment management to various clients.

Positive

• Cash dividend of $0.46 per share declared.
• Dividend payable date set for June 28, 2024.
• Company operates in title insurance, tax-deferred exchanges, and investment management.
• Publicly traded on The Nasdaq Global Select Market.

Negative

• No new business developments or expansions mentioned.
• Dividend amount relatively modest, may not attract new investors.

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 June 14, 2024, payable June 28, 2024.

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/20240515030183/en/

L. Dawn Martin (919) 968-2200

Investors Title Company

Source: Investors Title Company

FAQ

What dividend did Investors Title Company declare in 2024?

Investors Title Company declared a cash dividend of $0.46 per share.

When is the record date for Investors Title Company's 2024 dividend?

The record date for the dividend is June 14, 2024.

When will Investors Title Company's 2024 dividend be paid?

The dividend will be paid on June 28, 2024.

What services does Investors Title Company provide?

Investors Title Company provides title insurance, tax-deferred exchange services, and investment management.

Where is Investors Title Company's stock traded?

Investors Title Company's stock is traded on The Nasdaq Global Select Market under the symbol ITIC.