United Fire Declares Fresh Dividend

United Fire & Casualty (NASDAQ: UFCS  ) is sticking to its existing dividend policy for now. The company has declared its latest quarterly common stock distribution, which is to be $0.18 per share paid on Sept. 16 to shareholders of record as of Sept. 3. That amount matches the company's previous distribution, which was handed out in June. Before that, United Fire handed out $0.15 per share.

The company has paid dividends since 1972. Since the beginning of 2003, its disbursement has climbed steadily from $0.0938 to the present level.

The just-declared dividend annualizes to $0.72 per share. That yields 2.2% at United Fire's most recent closing stock price of $32.45.


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

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.

DocumentId: 2599454, ~/Articles/ArticleHandler.aspx, 8/1/2014 4:27:27 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...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.


Advertisement