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The National Security Group, Inc. Declares Cash Dividend

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dividends
Rhea-AI Summary

On April 9, 2021, The National Security Group declared a quarterly cash dividend of $0.06 per share, payable on May 28, 2021. Shareholders of record as of May 3, 2021 are eligible for this dividend. The company, founded in 1947 and based in Elba, Alabama, operates through its insurance subsidiaries across ten states, offering a range of policies including property, casualty, and life insurance. This announcement reinforces the company’s commitment to providing returns to shareholders.

Positive
  • Quarterly dividend of $0.06 per share announced.
  • Dividend payment date set for May 28, 2021, providing immediate income for shareholders.
Negative
  • None.

On April 9, 2021, 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 May 28, 2021, to shareholders of record May 3, 2021.

About The National Security Group, Inc.
The National Security Group, Inc. (NASDAQ Symbol: 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.

FAQ

What is the dividend amount declared by NSEC?

The dividend amount declared by National Security Group (NSEC) is $0.06 per share.

When is the dividend payable for NSEC?

The dividend is payable on May 28, 2021.

What is the record date for NSEC's dividend?

The record date for the dividend is May 3, 2021.

Is NSEC's dividend sustainable?

The sustainability of NSEC's dividend will depend on its ongoing financial performance, which is not detailed in the press release.

NSEC

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41.43M
1.53M
39.58%
2.66%
0.26%
Insurance—Property & Casualty
Financial Services
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United States
Elba