FedNat Announces Regular Quarterly Dividend
FedNat Holding Company (Nasdaq: FNHC) announced a quarterly dividend of $0.09 per share, payable on September 1, 2020, to stockholders of record by August 14, 2020.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
FedNat Holding Company (Nasdaq: FNHC) announced a quarterly dividend of $0.09 per share, payable on September 1, 2020, to stockholders of record by August 14, 2020. The company, a regional insurance holding firm, focuses on homeowners insurance across several states, including Florida and Texas. It controls the entire insurance process through its subsidiaries, ensuring effective underwriting and claims management.
Positive
- Quarterly dividend of $0.09 per share reinforces company’s commitment to returning value to shareholders.
Negative
- None.
Details
News Market Reaction – FNHC
The recorded move for FNHC in the trading session of this news was +2.74%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SUNRISE, Fla., July 30, 2020 (GLOBE NEWSWIRE) -- FedNat Holding Company (Nasdaq: FNHC), a regional insurance holding company, today announced that its board of directors declared a quarterly dividend of
About the Company
FedNat is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through our subsidiaries and contractual relationships with independent agents and general agents. The Company, through our wholly owned subsidiaries including FedNat Insurance Company, Maison Insurance Company, and Monarch National Insurance Company, is focused on providing homeowners insurance in Florida, Texas, Louisiana, Alabama, South Carolina and Mississippi. We market, distribute and service our own and third-party insurers’ products and other services through a network of independent and general agents. More information is available at https://www.fednat.com/investor-relations/.
Contacts
Michael H. Braun, CEO (954) 308-1322
Ronald Jordan, CFO (954) 308-1363
Bernard Kilkelly, Investor Relations (954) 308-1409,
or investorrelations@fednat.com
FAQ
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