Donegal Group Inc. Announces Increase in Quarterly Dividend

Rhea-AI Summary

Donegal Group (NASDAQ:DGICA/DGICB) declared higher quarterly cash dividends. The board approved a $0.1925 dividend per Class A share (up 5.5%) and $0.175 per Class B share (up 6.1%).

Dividends are payable on May 15, 2026 to holders of record at the close of business on May 1, 2026.

AI-generated analysis. Not financial advice.

Positive

• Class A dividend raised to $0.1925 per share (+5.5%)
• Class B dividend raised to $0.175 per share (+6.1%)
• Dividends payable May 15, 2026; record date May 1, 2026

Negative

• None.

News Market Reaction – DGICA

+0.47%

1 alert

+0.47% News Effect

On the day this news was published, DGICA gained 0.47%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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MARIETTA, Pa., April 16, 2026 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1925 per share of the Company’s Class A common stock and $0.175 per share of the Company’s Class B common stock. The dividends are payable on May 15, 2026 to stockholders of record as of the close of business on May 1, 2026.

These dividends represent percentage increases of 5.5% for the Company’s Class A common stock and 6.1% for the Company’s Class B common stock compared to the previous quarterly cash dividend rates.

About Donegal Group Inc.

Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of insurance in 21 Mid-Atlantic, Midwestern, Southern and Southwestern states. Donegal Mutual Insurance Company and its insurance subsidiaries conduct business together with the insurance subsidiaries of Donegal Group Inc. as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. The Company is focused on several primary strategies, including achieving sustained excellent financial performance, advancing its operational and digital capabilities, capitalizing on opportunities to grow profitably and providing superior experiences to its agents, customers and employees.

Investor Relations Contact

Jeremy Hellman, Vice President, The Equity Group Inc.
Phone: (212) 836-9626
E-mail: jhellman@theequitygroup.com

FAQ

What dividend did Donegal Group (DGICA/DGICB) declare on April 16, 2026?

The board declared a quarterly cash dividend of $0.1925 for Class A and $0.175 for Class B. According to the company, these represent increases of 5.5% and 6.1% versus the prior quarterly rates.

When will Donegal Group dividends for April 2026 be paid and who is eligible?

Dividends are payable on May 15, 2026 to shareholders of record as of May 1, 2026. According to the company, the record date determines which stockholders will receive the cash payment.

How much did Donegal Group increase its Class A dividend in April 2026 (DGICA)?

The Class A quarterly dividend increased to $0.1925, a 5.5% rise from the prior rate. According to the company, that new per-share amount applies to Class A common stock for the May 15 payment.

How much did Donegal Group increase its Class B dividend in April 2026 (DGICB)?

The Class B quarterly dividend increased to $0.175, a 6.1% increase from the previous quarterly rate. According to the company, that per-share dividend is payable on May 15, 2026 to holders of record May 1.

Does the April 16, 2026 Donegal dividend announcement affect shareholder recordkeeping dates for DGICA/DGICB?

Yes. The company set the record date at the close of business on May 1, 2026, determining eligible shareholders. According to the company, ownership on that date is required to receive the May 15 dividend payment.

What do the April 2026 dividend increases mean for Donegal Group investors (DGICA/DGICB)?

The declaration raises cash payouts to shareholders: Class A to $0.1925 and Class B to $0.175 per share. According to the company, these changed rates will be paid May 15, 2026 to eligible record holders.