Investors Title Company Declares Quarterly Dividend
14 February 2006 - 8:53AM
Business Wire
J. Allen Fine, Chairman of the Board of Investors Title Company
(NASDAQ: ITIC), announced today that the Company's Board of
Directors has declared a cash dividend of $.06 per share to
shareholders of record March 1, 2006, payable March 15, 2006. "This
represents a $.02 per share increase in our cash dividend payment
to shareholders," Fine said. Investors Title Company is a
publicly-held North Carolina company whose stock is traded on the
NASDAQ National Market (Symbol: ITIC). Investors Title Company is
engaged in the business of issuing and underwriting title insurance
policies. Title insurance is typically sold when real estate is
purchased and upon refinancing of loans secured by real estate.
Premiums are written through 29 branch offices and a network of
agents in 23 states and the District of Columbia. The Company also
provides services in connection with tax-free exchanges of
like-kind property as well as investment management services to
individuals, trusts, foundations and businesses.
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