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Increases Quarterly Dividend from $0.27 to $0.29 per Share
DERIDDER, La., Feb. 24, 2021 (GLOBE NEWSWIRE) -- AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that its Board of Directors has increased the quarterly dividend by 7.4%, from $0.27 to $0.29 per share.
The Board of Directors declared a quarterly cash dividend of $0.29 per share, payable on March 26, 2021 to shareholders of record as of March 12, 2021.
The Company began paying dividends in 2013. Since that time, the Company has paid $27.63 in dividends per share, comprising $5.88 in regular dividends and $21.75 in special dividends.
Additional information on the Company’s fourth quarter and 2020 full year earnings can be found in AMERISAFE’s accompanying earnings release issued today.
ABOUT AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. AMERISAFE actively markets workers’ compensation insurance in 27 states.
amerisafe, inc., through its subsidiaries, engages in marketing and underwriting workers’ compensation insurance. its workers’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. in addition, the company offers general liability insurance coverage to its workers’ compensation policyholders in the logging industry. amerisafe serves small and midsized employers engaged in hazardous industries, principally construction, trucking, logging, sawmills, agriculture, oil and gas, sawmills, and maritime. the company markets its products in 31 states and the district of columbia through independent agencies, as well as through its insurance agency subsidiary. amerisafe was incorporated in 1985 and is based in deridder
