Investors Title Co (ITIC) will raise its quarterly dividend by 10.0 percent to 44 cents per share in 2020. This is the first dividend hike by the insurer since 2017. The company did pay significant special dividends the last couple of years with a special dividend of $8.00 per share paid in 2019.

The next dividend will be paid March 30, 2020 to shareholders of record on March 23, 2020. The regular annual dividend of $1.76 per share yields 1.2% at a stock price of $143.

Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The company also provides services in connection with tax-deferred exchanges of like-kind property as well as investment management services to individuals, companies, banks and trusts.