STOCK TITAN

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.33 per Share

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Directors of United Fire Group (Nasdaq: UFCS) has declared a quarterly cash dividend of $0.33 per share. This dividend will be payable on September 18, 2020, to shareholders of record as of September 4, 2020. Founded in 1946, UFG operates through its insurance subsidiaries, providing property and casualty insurance in 46 states and the District of Columbia, supported by approximately 1,000 independent agencies. A.M. Best Company has assigned an A (Excellent) rating to UFG.

Positive
  • Quarterly cash dividend of $0.33 per share indicates dividend sustainability and shareholder returns.
  • Strong A.M. Best rating of A (Excellent) reflects the company's solid financial health.
Negative
  • None.

CEDAR RAPIDS, Iowa, Aug. 21, 2020 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.33 per share. This dividend will be payable September 18, 2020, to shareholders of record as of September 4, 2020.

About UFG

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.

Through our subsidiaries, we are licensed as a property and casualty insurer in 46 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A" (Excellent) for members of the United Fire & Casualty Group.

For more information about UFG, visit www.ufginsurance.com or contact:

Randy Patten, AVP and Controller, 319-286-2537 or IR@unitedfiregroup.com


FAQ

What is the dividend amount declared by United Fire Group (UFCS)?

United Fire Group declared a quarterly cash dividend of $0.33 per share.

When is the dividend payable for UFCS?

The dividend will be payable on September 18, 2020.

Who receives the dividend from United Fire Group (UFCS)?

Shareholders of record as of September 4, 2020, will receive the dividend.

What rating does A.M. Best assign to United Fire Group (UFCS)?

A.M. Best assigns an A (Excellent) rating to United Fire Group.

United Fire Group Inc.

NASDAQ:UFCS

UFCS Rankings

UFCS Latest News

UFCS Stock Data

614.80M
25.34M
18.22%
64.07%
2.19%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
CEDAR RAPIDS