United Fire Group (UFCS) will raise its quarterly dividend by 12 percent to $0.28 per share. This dividend will be payable June 15, 2017, to shareholders of record as of June 1, 2017.

"UFG has consistently paid a quarterly cash dividend since 1968," stated Randy A. Ramlo, President and Chief Executive Officer. "We believe that a competitive dividend emphasizes a commitment to long-term shareholder value and creates an attractive total return for our shareholders."

Founded in 1946 as United Fire & Casualty Company, United Fire Group, Inc., through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities.