Protective Insurance Corporation Announces Quarterly Dividend

Rhea-AI Summary

Protective Insurance Corporation (Nasdaq: PTVCA) has declared a $0.10 quarterly dividend per share on its Class A and Class B Common Stock. The dividend will be paid on September 1, 2020, to shareholders on record as of August 18, 2020. This action reflects the company's commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.10 per share announced.
• Dividend reflects commitment to shareholder value.

Negative

• None.

News Market Reaction – PTVCA

+4.92%

+4.92% Session move

In the trading session that priced this news, PTVCA gained 4.92%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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CARMEL, Ind., Aug. 06, 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 September 1, 2020 to shareholders of record on August 18, 2020.

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

FAQ

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

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

When will the dividend for PTVCA be paid?

The dividend will be paid on September 1, 2020.

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

The record date for the dividend is August 18, 2020.

How often does Protective Insurance Corporation pay dividends?

The company pays dividends quarterly.