Protective Insurance Corporation Announces Quarterly Dividend

(Neutral)

Rhea-AI Summary

Protective Insurance Corporation (Nasdaq: PTVCA, PTVCB) has declared a quarterly dividend of $0.10 per share on its Class A and Class B Common Stock. This dividend will be payable on March 10, 2021, to shareholders of record as of March 5, 2021. This move reflects the company's commitment to returning value to its shareholders amidst ongoing business operations.

Positive

Declared a quarterly dividend of $0.10 per share.
Demonstrates commitment to returning value to shareholders.

Negative

None.

News Market Reaction – PTVCA

+0.02%

+0.02% Session move

In the trading session that priced this news, PTVCA gained 0.02%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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02/23/2021 - 04:45 PM

CARMEL, Ind., Feb. 23, 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 March 10, 2021 to shareholders of record on March 5, 2021.

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

FAQ

What is the dividend amount for Protective Insurance Corporation (PTVCA, PTVCB)?

The dividend amount is $0.10 per share.

When will the dividend be paid to shareholders of Protective Insurance Corporation?

The dividend will be paid on March 10, 2021.

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

The record date for the dividend is March 5, 2021.

How often does Protective Insurance Corporation pay dividends?

Protective Insurance Corporation pays dividends quarterly.

Is the dividend sustainable for Protective Insurance Corporation?

The press release does not offer specific insights on the sustainability of the dividend.