Selective Insurance Group hikes dividend by 15%
Selective Insurance Group, Inc. (SIGI) will raise its quarterly dividend by 15.0 percent to $0.23 per share. This will mark the 6th consecutive year of annual dividend increases by the holding company.
The next dividend is payable December 2, 2019, to stockholders of record as of November 15, 2019. A new annual rate of 92 cents per share yields 1.3% at a stock price of $69.
The next dividend is payable December 2, 2019, to stockholders of record as of November 15, 2019. A new annual rate of 92 cents per share yields 1.3% at a stock price of $69.
Selective Insurance Group, Inc. is a holding company for several property and casualty insurance companies. Through independent agents, the insurance companies offer standard and specialty insurance for commercial and personal risks, and flood insurance underwritten by the National Flood Insurance Program. The company was incorporated in 1977 and its main office is located in Branchville, New Jersey.