Donegal Group Inc. Announces Quarterly Dividend
December 17 2015 - 04:30PM
Donegal Group Inc. (NASDAQ:DGICA) (NASDAQ:DGICB) reported that its
board of directors declared a regular quarterly cash dividend of
$.1350 per share of the Company’s Class A common stock and $.1175
per share of the Company’s Class B common stock. The
dividends are payable on February 16, 2016 to stockholders of
record as of the close of business on February 2, 2016.
Donegal Group Inc. is an insurance holding company
whose insurance subsidiaries offer personal and commercial property
and casualty lines of insurance in 21 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 acquirer of small to medium-sized
“main street” property and casualty insurers, Donegal Group has
grown profitably since its formation in 1986. The Company continues
to seek opportunities for growth while striving to achieve its
longstanding goal of outperforming the property and casualty
insurance industry in terms of service, profitability and growth in
book value.
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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