Declares Quarterly Dividend of $.27 per Common Share
NEW YORK--(BUSINESS WIRE)--
Inc. (NYSE:AIZ), a premier provider of specialty insurance and
insurance-related products and services, announces that its Board of
Directors has declared a quarterly dividend of $.27 per share of common
stock. This represents an eight percent increase above the prior
quarterly dividend of $.25 per share, declared on Jan. 10, 2014. The
dividend will be payable on June 10, 2014 to stockholders of record as
of the close of business on May 27, 2014.
"Assurant is pleased to announce the 11th
consecutive increase in our dividend since becoming a publicly
traded company in 2004,” says Robert
B. Pollock, Assurant's president and chief executive officer. “This
increase underscores our financial strength and flexibility and our
commitment to deliver consistent value to our shareholders.”
Future dividend declarations will be made at the discretion of the
Assurant Board of Directors and will be based on the company's earnings,
financial condition, cash requirements, future prospects and other
Assurant is a premier provider of specialized insurance products and
related services in North America and select worldwide markets.
Assurant, a Fortune 500 company and a member of the S&P 500, is traded
on the New York Stock Exchange under the symbol AIZ. Assurant has
approximately $30 billion in assets and $9 billion in annual revenue.
For more information on Assurant, please visit www.assurant.com
and follow us on Twitter (@AssurantNews).
Vera Carley, 212.859.7002
President, External Communication
Francesca Luthi, 212.859.7197
President, Investor Relations
Source: Assurant, Inc.