Protective Insurance Corporation Announces Quarterly Dividend

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.

Positive

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

Negative

• None.

News Market Reaction

+1.09%

1 alert

+1.09% News Effect

On the day this news was published, PTVCA gained 1.09%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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.