United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.33 per Share
The Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) has declared a quarterly cash dividend of $0.33 per share, payable on June 19, 2020, to shareholders on record by June 5, 2020.
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, Inc. (Nasdaq: UFCS) has declared a quarterly cash dividend of $0.33 per share, payable on June 19, 2020, to shareholders on record by June 5, 2020. Founded in 1946, UFG operates in the property and casualty insurance sector and is licensed in 46 states plus D.C. The company, which has an A (Excellent) rating from A.M. Best, focuses on providing robust insurance solutions through its subsidiaries and approximately 1,000 independent agencies.
Positive
- Quarterly cash dividend of $0.33 per share indicates strong financial performance.
Negative
- None.
Details
News Market Reaction – UFCS
The recorded move for UFCS in the trading session of this news was +3.89%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CEDAR RAPIDS, Iowa, May 20, 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
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