United Fire Group (UFCS) will raise its quarterly dividend by 6.5 percent to $0.33 per share in 2019. This will mark the company's 7th consecutive year of dividend increases.
The next dividend will be payable June 14, 2019, to shareholders of record as of May 31, 2019. A new annualized rate of $1.32 per share yields 2.8% at a stock price of $46.72.
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. UFG has consistently paid quarterly dividends to its shareholders since 1968.
2022