AMERISAFE Declares Special Dividend of $4.00 Per Share and Regular Quarterly Dividend
27 October 2022 - 07:31AM
Business Wire
AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of
workers’ compensation insurance focused on high hazard industries,
today announced that its Board of Directors had declared a special
cash dividend of $4.00 per share.
The special cash dividend will be payable on December 16, 2022
to shareholders of record as of December 2, 2022. The Board of
Directors also declared a regular quarterly dividend of $0.31 per
share, payable on December 16, 2022 to shareholders of record as of
December 2, 2022.
“We are pleased to announce this special dividend which reflects
our operational consistency and discipline. Returning excess
capital to shareholders via special dividends is a key component of
AMERISAFE’s capital management strategy,” said G. Janelle Frost,
President and Chief Executive Officer.
Over the past ten years, the Company has declared $38.03 per
share in dividends, comprising $8.28 in regular dividends and
$29.75 in special dividends per share.
More information on the dividend and information on the
company’s third quarter earnings can be found in AMERISAFE’s
accompanying earnings release issued today.
ABOUT AMERISAFE
AMERISAFE, Inc. is a specialty provider of workers’ compensation
insurance focused on small to mid-sized employers engaged in
hazardous industries, principally construction, trucking, logging
and lumber, agriculture, and manufacturing. AMERISAFE actively
markets workers’ compensation insurance in 27 states.
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Andy Omiridis, EVP & CFO AMERISAFE 337.463.9052
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