Donegal Group Inc. Announces Quarterly Dividend
April 15 2020 - 5:01PM
Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that
its board of directors declared a regular quarterly cash dividend
of $.15 per share of the Company’s Class A common stock and $.1325
per share of the Company’s Class B common stock. The
dividends are payable on May 15, 2020 to stockholders of record as
of the close of business on May 1, 2020.
Donegal Group Inc. is an insurance holding company whose
insurance subsidiaries offer personal and commercial property and
casualty lines of insurance in 20 Mid-Atlantic, Midwestern, New
England and Southern states. Donegal Mutual Insurance Company
and the insurance subsidiaries of Donegal Group Inc. conduct
business together as the Donegal Insurance Group. The Donegal
Insurance Group has an A.M. Best rating of A (Excellent).
The Class A common stock and Class B common stock of Donegal
Group Inc. trade on the NASDAQ Global Select Market under the
symbols DGICA and DGICB, respectively. We are focused on several
primary strategies, including improving our financial performance,
utilizing technology to improve our operational efficiency,
strategically modernizing our business in order to achieve
operational excellence and enhancing our market position to compete
effectively.
CONTACT: Jeffrey D. Miller Executive Vice President &
Chief Financial OfficerPhone: (717) 426-1931E-mail:
investors@donegalgroup.com
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