Assurant Board of Directors Approves Common Stock Dividend Increase of 11%
20 November 2024 - 8:15AM
Business Wire
Assurant, Inc. (NYSE: AIZ), a leading global business services
company that supports, protects, and connects major consumer
purchases, announced today that its Board of Directors declared a
quarterly dividend increase of $0.08 to $0.80 per share of common
stock. The dividend will be payable on December 30, 2024 to
stockholders of record as of the close of business on December 9,
2024.
“Today represents another significant milestone for Assurant and
our shareholders, as we increased our dividend for the 20th
consecutive year since our initial public offering,” said Assurant
Executive Vice President and Chief Financial Officer Keith Meier.
“The 11 percent increase in our quarterly dividend underscores our
strong capital position and confidence in Assurant’s long-term cash
generation, led by our unique and differentiated businesses across
Global Lifestyle and Global Housing. As we look to the future, we
remain focused on driving growth while delivering attractive
returns to our shareholders, supported by our balanced capital
management strategy,” Meier added.
Future dividend declarations will be made at the discretion of
the Assurant Board of Directors and will depend on various factors,
including the company’s earnings, financial condition, capital
requirements, subsidiaries’ payments of dividends to the company,
future prospects, regulatory restrictions, and other
considerations.
About Assurant
Assurant, Inc. (NYSE: AIZ) is a leading global business services
company that supports, protects, and connects major consumer
purchases. A Fortune 500 company with a presence in 21 countries,
Assurant supports the advancement of the connected world by
partnering with the world’s leading brands to develop innovative
solutions and to deliver an enhanced customer experience through
mobile device solutions, extended service contracts, vehicle
protection services, renters insurance, lender-placed insurance
products, and other specialty products.
Learn more at assurant.com.
Safe Harbor Statement
Some of the statements in this news release, including the
timing and amount of future share repurchases, may constitute
forward-looking statements within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Any forward-looking
statements contained in this news release are based upon our
historical performance and on current plans, estimates and
expectations. The inclusion of this forward-looking information
should not be regarded as a representation by us or any other
person that our future plans, estimates or expectations will be
achieved. Our actual results might differ materially from those
projected in the forward-looking statements. We undertake no
obligation to update or review any forward-looking statement,
whether as a result of new information, future events or other
developments. For information on factors that could affect our
actual results, please refer to the factors identified in the
reports we file with the U.S. Securities and Exchange Commission,
including the risk factors identified in our most recent Annual
Report on Form 10-K and Quarterly Reports on Form 10-Q.
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version on businesswire.com: https://www.businesswire.com/news/home/20241119240012/en/
Media: Julie Strider Vice President, Global Communications
julie.strider@assurant.com
Stacie Sherer Vice President, Corporate Communications
stacie.sherer@assurant.com
Investor Relations: Rebekah Biondo Deputy CFO 786.374.7283
rebekah.biondo@assurant.com
Sean Moshier Vice President, Investor Relations 914.204.2253
sean.moshier@assurant.com
Matt Cafarchio Director, Investor Relations 484.356.4791
matt.cafarchio@assurant.com
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