Donegal Group Inc. Announces Quarterly Dividend
July 17 2014 - 4:30PM
Donegal Group Inc. (Nasdaq:DGICA) (Nasdaq:DGICB) reported that
its board of directors declared a regular quarterly cash dividend
of $.1315 per share of the Company's Class A common stock and
$.1160 per share of the Company's Class B common stock. The
dividends are payable on August 15, 2014 to stockholders of record
as of the close of business on August 1, 2014.
Donegal Group Inc. is an insurance holding company with
insurance subsidiaries offering personal and commercial property
and casualty lines of insurance in 22 Mid-Atlantic, Midwestern, New
England and Southern states. The insurance subsidiaries of
Donegal Group Inc. and Donegal Mutual Insurance Company conduct
business together as the Donegal Insurance Group. The Donegal
Insurance Group has an A.M. Best rating of A (Excellent).
The Company's Class A common stock and Class B common stock
trade on NASDAQ under the symbols DGICA and DGICB,
respectively. As an effective consolidator of small to
medium-sized "main street" property and casualty insurers, Donegal
Group Inc. has grown profitably for more than two decades. The
Company continues to seek opportunities for growth while striving
to achieve its longstanding goal of outperforming the industry in
terms of service, profitability and growth in book value.
As reported by Forbes, Donegal Group Inc. was named to a list of
America's 50 Most Trustworthy Financial Companies for 2014, ranking
the Company among firms that have consistently demonstrated
transparent and conservative accounting practices and solid
corporate governance and management. A reprint of the Forbes
article is available as a "Featured Report" on the Company's
investor website at http://investors.donegalgroup.com.
CONTACT: Jeffrey D. Miller
Executive Vice President & Chief Financial Officer
Phone: (717) 426-1931
E-mail: investors@donegalgroup.com
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