Assurant Board of Directors Authorizes $700 Million Share Repurchase Program and Approves Common Stock Dividend Increase of 10%
Raises Quarterly Dividend
In addition, the company’s Board declared a quarterly dividend increase of
“Assurant continues to operate from a position of strength, supported by our healthy capital position and disciplined capital management. Driven by the strong performance and cash flow of our differentiated B2B2C businesses, we are able to invest in growth while prioritizing shareholder returns,” said Assurant Chief Financial Officer Keith Meier. “Today’s increase in our common stock dividend for the 21st consecutive year reflects the strength of our financial position and our confidence in robust cash flow generation for the future.”
Future dividend declarations will be made at the discretion of the Assurant Board and will be dependent upon the company’s earnings, financial condition, capital requirements, future prospects, regulatory restrictions and other considerations.
About Assurant
Assurant, Inc. (NYSE: AIZ) is a premier global protection company that partners with the world’s leading brands to safeguard and service connected devices, homes, and automobiles. As a Fortune 500 company operating in 21 countries, Assurant leverages data-driven technology solutions to provide exceptional customer experiences.
Learn more at assurant.com.
Safe Harbor Statement
Some of the statements in this news release, including the timing and amount of future share repurchases, may constitute forward-looking statements within the meaning of the
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View source version on businesswire.com: https://www.businesswire.com/news/home/20251113264909/en/
Media:
Julie Strider
Vice President, Global Communications
julie.strider@assurant.com
Investor Relations:
Rebekah Biondo
Deputy CFO
rebekah.biondo@assurant.com
Sean Moshier
Vice President, Investor Relations
sean.moshier@assurant.com
Source: Assurant, Inc.