126 Straight Quarters of Dividends at EMC Insurance

EMC Insurance  (NASDAQ: EMCI  )  announced yesterday its second-quarter dividend of $0.21 per share, the same rate it paid the past two quarters after raising the payout 5%, from $0.20 per share.

The board of directors said the quarterly dividend is payable on June 11 to the holders of record at the close of business on June 4. EMC has made 126 consecutive quarterly dividend payments since going public in 1982.

The regular dividend payment equates to a $0.84-per-share annual dividend, yielding 3.0% based on the closing price of EMC Insurance's stock on May 23.

EMCI Dividend Chart

EMCI Dividend data by YCharts

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2452655, ~/Articles/ArticleHandler.aspx, 3/29/2015 3:28:34 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...