The National Security Group, Inc. Declares Cash Dividend

Rhea-AI Summary

On January 26, 2022, The National Security Group, Inc. (NASDAQ:NSEC) announced a $0.06 quarterly dividend per share. This cash dividend is set to be paid on February 28, 2022, to shareholders on record as of February 9, 2022. Established in 1947 and based in Elba, Alabama, the company provides property, casualty, life, accident, and health insurance across ten states, primarily focusing on personal lines property coverage.

Positive

• Dividend of $0.06 per share reflects company confidence.
• Regular dividend payments can enhance shareholder income.

Negative

• None.

ELBA, Ala.--(BUSINESS WIRE)-- On January 26, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on February 28, 2022, to shareholders of record February 9, 2022.

About The National Security Group, Inc

The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health, supplemental hospital and cancer insurance products. The Company was founded in 1947 and is based in Elba, Alabama. Additional information about the Company, including additional details of recent financial results, can be found on our website: www.nationalsecuritygroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005944/en/

Brian McLeod - Chief Financial Officer @ (334) 897-2273

Source: The National Security Group, Inc.

FAQ

What is the dividend amount declared by NSEC?

The National Security Group, Inc. declared a dividend of $0.06 per share.

When will the NSEC dividend be paid?

The dividend will be paid on February 28, 2022.

What is the record date for NSEC's dividend payment?

The record date for the dividend payment is February 9, 2022.

How often does NSEC pay dividends?

NSEC pays dividends quarterly.

Is the NSEC dividend sustainable?

The sustainability of the dividend depends on the company's financial performance and cash flow.