Donegal Group Inc. Announces Increase in Quarterly Dividend
April 18 2024 - 10:20AM
Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today
that its board of directors declared a regular quarterly cash
dividend of $0.1725 per share of the Company’s Class A common stock
and $0.155 per share of the Company’s Class B common stock. The
dividends are payable on May 22, 2024 to stockholders of record as
of the close of business on May 8, 2024.
These dividends represent percentage increases of 1.5% for the
Company’s Class A common stock and 1.6% for the Company’s Class B
common stock compared to the previous quarterly cash dividend
rates.
About Donegal Group Inc.
Donegal Group Inc. is an insurance holding
company whose insurance subsidiaries and affiliates offer property
and casualty lines of insurance in 23 Mid-Atlantic, Midwestern, New
England, Southern and Southwestern states. Donegal Mutual Insurance
Company and its insurance subsidiaries conduct business together
with the insurance subsidiaries of Donegal Group Inc. 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. The Company
is focused on several primary strategies, including achieving
sustained excellent financial performance, strategically
modernizing its operations and processes to transform its business,
capitalizing on opportunities to grow profitably and delivering a
superior experience to its agents and customers.
Investor Relations Contact
Karin DalyVice President, The Equity Group Inc.Phone: (212)
836-9623E-mail: kdaly@equityny.com
Donegal (NASDAQ:DGICA)
Historical Stock Chart
From Jul 2024 to Aug 2024
Donegal (NASDAQ:DGICA)
Historical Stock Chart
From Aug 2023 to Aug 2024