Assurant Board of Directors Approves 6% Dividend Increase
November 10 2017 - 11:21AM
Business Wire
Raises Quarterly Dividend by $0.03 to $0.56
per Common Share
Assurant, Inc. (NYSE: AIZ), a global provider of risk management
solutions, announced that its Board of Directors approved a
quarterly dividend increase of $0.03 to $0.56 per share of common
stock. The dividend will be payable on Dec. 18, 2017 to
stockholders of record as of the close of business on Nov. 27,
2017.
“We are pleased to continue our strong track record of dividend
increases. We’ve now increased our dividend each year since our
initial public offering in 2004,” said Alan Colberg, president and
chief executive officer, Assurant. “This increase supports our
commitment to complete the $1.5B capital return to shareholders by
the end of 2017 and affirms our belief that we will continue to
generate strong cash flow over the long-term.”
Future dividend declarations will be made at the discretion of
the Assurant Board of Directors and will be dependent upon the
company's earnings, financial condition, capital requirements,
future prospects, regulatory and other restrictions, among other
factors.
About Assurant
Assurant (NYSE:AIZ) is a global leader in risk management
solutions, helping protect where people live and the goods they
buy. Millions of consumers count on Assurant’s innovative products,
services and support for major purchases like homes, cars,
appliances, mobile devices and funerals. Assurant partners with
leading companies that make, sell or finance those purchases to
take great care of their customers and help their business grow. A
member of the Fortune 500, Assurant has a market presence in 16
countries worldwide. As of September 30, 2017, the company had $32
billion in assets and $6 billion in annualized revenue. Learn more
at assurant.com or follow us on Twitter @AssurantNews.
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version on businesswire.com: http://www.businesswire.com/news/home/20171110005542/en/
AssurantMedia:Linda Recupero, 212.859.7005Senior Vice
President, Enterprise
Communicationlinda.recupero@assurant.comorInvestor
Relations:Suzanne Shepherd, 212.859.7062Vice President,
Investor Relationssuzanne.shepherd@assurant.comorSean Moshier,
212.859.5831Manager, Investor
Relationssean.moshier@assurant.com
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