EMC Insurance Group Inc. Increases Quarterly Cash Dividend
August 27 2015 - 12:45PM
Business Wire
EMC Insurance Group Inc. (NASDAQ:EMCI) (the “Company”) today
announced that its board of directors declared a quarterly cash
dividend of $0.17 per share of common stock payable September 15,
2015 to stockholders of record as of September 8, 2015. The $0.17
per share quarterly dividend represents a 2.0 percent increase over
the previous dividend, which equated to a split-adjusted dividend
of $0.1667 per share. “Operating results for the first half of the
year improved in both segments compared to the prior year,” stated
President and Chief Executive Officer Bruce G. Kelley. “This
improvement, coupled with our strong balance sheet, provided an
opportunity to increase the dividend from a fractional amount. The
Company also anticipates conducting a dividend analysis in the
fourth quarter, consistent with past practice.”
About EMCIEMC Insurance Group Inc. is a publicly held
insurance holding company with operations in property and casualty
insurance and reinsurance, which was formed in 1974 and became
publicly held in 1982. The Company’s common stock trades on the
Global Select Market tier of the NASDAQ OMX Stock Market under the
symbol EMCI. Additional information regarding EMC Insurance Group
Inc. may be found at www.emcins.com/ir. EMCI’s parent company is
Employers Mutual Casualty Company (EMCC). EMCI and EMCC, together
with their subsidiary and affiliated companies, conduct operations
under the trade name EMC Insurance Companies.
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EMC Insurance Group Inc.Steve Walsh (Investors),
515-345-2515orLisa Hamilton (Media), 515-345-7589
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