Donegal Group Inc. Announces Quarterly Dividend
December 18 2014 - 4:00PM
Donegal Group Inc. (Nasdaq:DGICA) and (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 February 16, 2015 to stockholders of
record as of the close of business on February 2, 2015.
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 in April 2014, 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: For Further Information:
Jeffrey D. Miller
Executive Vice President & Chief Financial Officer
Phone: (717) 426-1931
E-mail: investors@donegalgroup.com
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