Raises Quarterly Dividend by $0.02 to $0.70 per Common Share
NEW YORK–(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 approved a quarterly dividend increase of $0.02 to $0.70 per share of common stock. The dividend will be payable on December 19, 2022 to stockholders of record as of the close of business on November 28, 2022.
“We have a compelling strategy with strong business fundamentals, and we continue to be good stewards of our capital,” said Keith Demmings, President and CEO, Assurant. “Our ability to increase our dividend for the 18th consecutive time since our initial public offering is a testament to the strength of our ongoing and future cash generation.”
Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company’s earnings, financial condition, capital requirements, 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 or on Twitter @Assurant.
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Contacts
Media:
Linda Recupero
Senior Vice President, Global Enterprise Communications
Phone: 201.519.9773
linda.recupero@assurant.com
Stacie Sherer
Vice President, Corporate Communications
Phone: 917.420.0980
stacie.sherer@assurant.com
Investor Relations:
Suzanne Shepherd
Senior Vice President, Investor Relations and Sustainability
Phone: 201.788.4324
suzanne.shepherd@assurant.com
Sean Moshier
Vice President, Investor Relations
Phone: 914.204.2253
sean.moshier@assurant.com