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Protective Insurance Corporation Announces Quarterly Dividend

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

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, PTVCB) announced a quarterly dividend of $0.10 per share on its Class A and Class B Common Stock. This dividend will be paid on June 1, 2021, to shareholders of record as of May 18, 2021. This decision reflects the company's commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.10 per share demonstrates commitment to shareholder returns.

Negative

  • None.
Argus Session date unavailable
+1.09% session move Open Argus
Details

News Market Reaction – PTVCA

The recorded move for PTVCA in the trading session of this news was +1.09%.

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 04, 2021 (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 1, 2021 to shareholders of record on May 18, 2021.

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 in June 2021?

The dividend amount is $0.10 per share.

When is the dividend payable for PTVCA and PTVCB?

The dividend is payable on June 1, 2021.

What is the record date for the dividend payment of Protective Insurance Corporation?

The record date is May 18, 2021.

How often does Protective Insurance Corporation pay dividends?

Protective Insurance Corporation pays dividends quarterly.

Is the dividend from Protective Insurance Corporation sustainable?

The announcement does not specify sustainability, but dividends reflect company performance.

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