Donegal Group Inc. Announces Quarterly Dividend
December 15 2016 - 4:00PM
Donegal Group Inc. (NASDAQ:DGICA) (NASDAQ:DGICB) reported that its
board of directors today declared a regular quarterly cash dividend
of $.1375 per share of the Company’s Class A common stock and $.12
per share of the Company’s Class B common stock. The
dividends are payable on February 15, 2017 to stockholders of
record as of the close of business on February 1, 2017.
About the Company
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
over the last three decades. 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 book value growth.
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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