United Fire Group Announces $0.16 Dividend per Share
- United Fire Group, Inc. announces a common stock quarterly cash dividend of $0.16 per share.
- The Board of Directors in Cedar Rapids, Iowa made the decision on August 16, 2024.
- Investors can expect to receive the dividend for their shares.
CEDAR RAPIDS, Iowa, Aug. 16, 2024 – United Fire Group, Inc. (Nasdaq: UFCS) announced today that its Board of Directors has declared a quarterly cash dividend of $0.16 per share for common stockholders. This decision reflects the company's ongoing commitment to returning value to its shareholders while maintaining its operational focus in the property and casualty insurance sector. Founded in 1946 as United Fire & Casualty Company, UFG operates through its insurance subsidiaries, providing a range of insurance products. The company has established a solid reputation in the industry, which is underscored by its consistent dividend payments. The latest dividend declaration is part of UFG's strategy to enhance shareholder value while navigating the complexities of the insurance market. In conjunction with the dividend announcement, UFG issued a disclosure regarding forward-looking statements. The company emphasized that these statements are based on current expectations and assumptions, and they may be subject to various risks and uncertainties. UFG cautioned investors against placing undue reliance on these projections, as actual outcomes may differ significantly due to factors outlined in their Annual Report on Form 10-K. UFG's management reiterated that they do not intend to update these forward-looking statements unless required by federal securities laws. This approach aims to provide transparency while managing investor expectations in a dynamic market environment.