Employers Holdings hikes dividend by 7.7%

On April 26, 2023, the Board of Directors of Employers Holdings (EIG) declared a regular quarterly dividend of $0.28 per share, an increase of 8% from the prior quarterly dividend of $0.26 per share. The dividend is payable on May 24, 2023 to stockholders of record as of May 10, 2023. The dividend yield for EIG is 2.5% at a stock price of $39.59.

“Lastly, we raised our regular quarterly dividend to $0.28 per share, an increase of 8%. This action reflects our strong balance sheet, abundant underwriting capital and our confidence in the Company’s future operations.”

Employers Holdings, Inc. is a holding company. Through its insurance subsidiaries, the company provides workers' compensation insurance coverage to select, small businesses in low to medium hazard industries.