NEW YORK, May 14 /PRNewswire-FirstCall/ -- Assurant, Inc.
("Assurant") (NYSE: AIZ), a premier provider of specialty insurance
and insurance-related products and services, announces that its
board of directors has declared a quarterly dividend of
$.16 per share of common stock. This
represents a seven percent increase above the quarterly dividend of
$.15 per share, declared on
Jan. 25, 2010. The dividend will be
payable on June 8, 2010 to
stockholders of record as of the close of business on May 24, 2010.
"Assurant is pleased to be able to increase its quarterly
dividend for the sixth straight year," says Robert B. Pollock, Assurant's president and
chief executive officer. "We remain committed to increasing
shareholder value by creating our own growth opportunities and
returning capital to shareholders through dividends and share
repurchases."
Future dividend declarations and share repurchase authorizations
will be made at the discretion of the Assurant board of directors
and will be based on the company's earnings, financial condition,
cash requirements, future prospects and other factors.
Assurant is a premier provider of specialized insurance products
and related services in North
America and select worldwide markets. Assurant, a Fortune
500 company and a member of the S&P 500, is traded on the New
York Stock Exchange under the symbol AIZ. Assurant has more than
$26 billion in assets and
$8 billion in annual revenue.
www.assurant.com
SOURCE Assurant, Inc.