United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.33 per Share
The Board of Directors of United Fire Group (Nasdaq: UFCS) has declared a quarterly cash dividend of $0.33 per share.
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.
Rhea-AI Summary
The Board of Directors of United Fire Group (Nasdaq: UFCS) has declared a quarterly cash dividend of $0.33 per share. This dividend will be payable on September 18, 2020, to shareholders of record as of September 4, 2020. Founded in 1946, UFG operates through its insurance subsidiaries, providing property and casualty insurance in 46 states and the District of Columbia, supported by approximately 1,000 independent agencies. A.M. Best Company has assigned an A (Excellent) rating to UFG.
Positive
- Quarterly cash dividend of $0.33 per share indicates dividend sustainability and shareholder returns.
- Strong A.M. Best rating of A (Excellent) reflects the company's solid financial health.
Negative
- None.
Details
News Market Reaction – UFCS
The recorded move for UFCS in the trading session of this news was -2.04%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CEDAR RAPIDS, Iowa, Aug. 21, 2020 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of
About UFG
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.
Through our subsidiaries, we are licensed as a property and casualty insurer in 46 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A" (Excellent) for members of the United Fire & Casualty Group.
For more information about UFG, visit www.ufginsurance.com or contact:
Randy Patten, AVP and Controller, 319-286-2537 or IR@unitedfiregroup.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.