AMERISAFE Increases Dividend 14%
February 27 2019 - 4:31PM
AMERISAFE, Inc. (
Nasdaq: AMSF), a specialty
provider of workers’ compensation insurance focused on high hazard
industries, today announced that its Board of Directors had
increased the quarterly dividend by 14%.
The Board of Directors declared a quarterly cash dividend of
$0.25 per share, payable on March 22, 2019 to shareholders of
record as of March 8, 2019.
“This increase in the quarterly common stock dividend reflects
our financial strength and our ongoing commitment to proactively
manage shareholders' capital,” said G. Janelle Frost, President and
Chief Executive Officer.
Over the past five years, the Company has paid $3.80 in regular
dividends and $14.75 in extraordinary dividends per share.
More information on the dividend and information on the
company’s fourth quarter and 2018 full year earnings can be found
in AMERISAFE’s accompanying earnings release issued today.
ABOUT AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers’ compensation
insurance focused on small to mid-sized employers engaged in
hazardous industries, principally construction, trucking, logging
and lumber, manufacturing, and agriculture. AMERISAFE actively
markets workers’ compensation insurance in 27 states.
Neal A. Fuller, EVP & CFO
AMERISAFE
337.463.9052
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