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Protective Insurance Corporation Announces Quarterly Dividend

Protective Insurance Corporation (Nasdaq: PTVCA) has announced a quarterly dividend of $0.10 per share on its Class A and Class B Common Stock.

(Moderate)

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.

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dividends

Rhea-AI Summary

Protective Insurance Corporation (Nasdaq: PTVCA) has announced a quarterly dividend of $0.10 per share on its Class A and Class B Common Stock. This dividend is payable on June 2, 2020 to shareholders recorded as of May 19, 2020. This move reflects the company's ongoing commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.10 per share declared.
  • Demonstrates commitment to shareholder value.

Negative

  • None.
Argus Session date unavailable
-2.43% session move Open Argus
Details

News Market Reaction – PTVCA

The recorded move for PTVCA in the trading session of this news was -2.43%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CARMEL, Ind., May 07, 2020 (GLOBE NEWSWIRE) -- Protective Insurance Corporation (Nasdaq: PTVCA, PTVCB) announces the Board of Directors of Protective Insurance Corporation declared a quarterly dividend of $0.10 per share on the Company’s Class A and Class B Common Stock.  The dividend per share will be payable June 2, 2020 to shareholders of record on May 19, 2020.

Investor Contact: John Barnett
(317) 429-2554   
investors@protectiveinsurance.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Protective Insurance Corporation?

Protective Insurance Corporation has declared a quarterly dividend of $0.10 per share.

When will the dividend be paid?

The dividend will be payable on June 2, 2020.

Who is eligible to receive the dividend?

Shareholders of record as of May 19, 2020, are eligible to receive the dividend.

Is the dividend sustainable?

The sustainability of the dividend depends on the company's future financial performance.

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