Independence Holding Company Announces Semi-Annual Cash Dividend
May 22 2012 - 2:42PM
Independence Holding Company (NYSE:IHC) today reported declaration
of its semi-annual cash dividend of $0.035 per share of common
stock, payable to stockholders of record on June 8, 2012, with a
payment date of June 22, 2012. This amount reflects the increase in
IHC's annual cash dividend from $0.05 per share to $0.07 per share
that IHC announced in February.
About Independence Holding Company
IHC is a holding company principally engaged in the life and
health insurance business and the acquisition of blocks of policies
through its insurance company subsidiaries (Standard Security Life
Insurance Company of New York, Madison National Life Insurance
Company, Inc. and Independence American Insurance Company) and its
marketing and administrative affiliates. Standard Security Life
markets medical stop-loss, small group major medical, short-term
medical, major medical for individuals and families, limited
medical, group long and short-term disability and life, dental,
vision and managed health care products. Madison Life sells group
life and disability, employer medical stop-loss, small group major
medical, major medical for individuals and families, short-term
medical, dental, vision, and individual life insurance.
Independence American offers major medical for individuals and
families, medical stop-loss, small group major medical, short-term
medical and pet insurance. IHC owns certain subsidiaries through
its majority ownership of American Independence Corp.
(Nasdaq:AMIC), which is a holding company principally engaged in
the insurance and reinsurance business.
CONTACT: DAVID T. KETTIG
(212) 355-4141
www.ihcgroup.com
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