1347 Property Insurance Holdings, Inc. Declares Cash Dividend on Its 8.00% Cumulative Preferred Stock, Series A
November 12 2020 - 02:08PM
Business Wire
1347 Property Insurance Holdings, Inc. (Nasdaq: PIH) (the
“Company”) announced today that it has declared a quarterly cash
dividend on its 8.00% Cumulative Preferred Stock, Series A (the
“Preferred Stock”), for the period commencing on September 15, 2020
and ending on December 14, 2020.
In accordance with the terms of the Company’s 8.00% Cumulative
Preferred Stock, Series A, on November 12, 2020, the Board of
Directors declared a Preferred Stock cash dividend of $0.50 per
share for the period that began on September 15, 2020 and ends on
December 14, 2020. The dividend is payable on December 15, 2020 to
holders of record on December 1, 2020. The Preferred Stock is
currently listed on the Nasdaq Stock Market and trades under the
ticker symbol “PIHPP”.
About 1347 Property Insurance Holdings,
Inc.
1347 Property Insurance Holdings, Inc. is implementing business
plans to operate as a diversified insurance, reinsurance and
investment management holding company and is incorporated in
Delaware. The Company endeavors to make opportunistic and
value-oriented investments in insurance, reinsurance and related
businesses. The Company’s principal business operations are
conducted through its subsidiaries and affiliates. The Company also
provides investment management services to unaffiliated
companies.
Additional Information
Additional information about 1347 Property Insurance Holding,
Inc., including its Annual Report on Form 10-K for the fiscal year
ended December 31, 2019, can be found at the U.S. Securities and
Exchange Commission’s website at www.sec.gov, or at PIH’s corporate
website: www.1347pih.com.
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INVESTOR RELATIONS: The Equity Group Inc. Jeremy Hellman,
CFA Vice President (212) 836-9626 / jhellman@equityny.com
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