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Protective Insurance Corporation Announces Quarterly Dividend

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.

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) 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.

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Positive

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

Negative

  • None.
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+0.02% session move Open Argus
Details

News Market Reaction – PTVCA

The recorded move for PTVCA in the trading session of this news was +0.02%.

Data tracked by StockTitan Argus. Session date unavailable.

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

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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

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

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.

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