Independence Holding Company Announces a 42% Increase in Its Annual Dividend Rate
October 16 2017 - 4:24PM
Independence Holding Company (NYSE:IHC) today announced that the
Board of Directors has voted to increase the cash dividend by 42%
to $.17 per share annually, effective with the next semi-annual
dividend payable in January 2018. This is the third recent
increase. In January 2017, the semi-annual dividend paid to
the stockholders reflected a 33% increase from $.09 to $.12
annually. In July 2015, the semi-annual dividend paid to the
stockholders reflected a 29% increase from $.07 to $.09
annually.
About The IHC Group
Independence Holding Company (NYSE:IHC) is a
holding company that is principally engaged in underwriting,
administering and/or distributing group and individual specialty
benefit products, including disability, supplemental health, pet,
and group life insurance through its subsidiaries since 1980.
The IHC Group owns three insurance companies (Standard Security
Life Insurance Company of New York, Madison National Life Insurance
Company, Inc. and Independence American Insurance Company), and IHC
Specialty Benefits, Inc., a technology-driven insurance sales and
marketing company that creates value for insurance producers,
carriers and consumers (both individuals and small businesses)
through a suite of proprietary tools and products (including ACA
plans and small group medical stop-loss). All products are
placed with highly rated carriers.
CONTACT: LOAN
NISSER(646)
509-2107www.ihcgroup.com
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