The National Security Group, Inc. Declares Cash Dividend

Rhea-AI Summary

On April 27, 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 scheduled for payment on May 31, 2022, to shareholders of record as of May 9, 2022. Founded in 1947 and based in Elba, Alabama, National Security Group offers various insurance products, including property, casualty, and life insurance, across ten states, focusing on personal lines property coverage.

Positive

• Quarterly dividend of $0.06 per share enhances shareholder returns.
• Demonstrates the company's commitment to returning value to shareholders.

Negative

• None.

ELBA, Ala.--(BUSINESS WIRE)-- On April 27, 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 May 31, 2022, to shareholders of record May 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/20220428006294/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 is the NSEC dividend payable?

The dividend is payable on May 31, 2022.

What is the record date for NSEC's dividend?

The record date for the dividend is May 9, 2022.

How often does NSEC pay dividends?

NSEC pays dividends quarterly.