The board of directors of Ohio-based State Auto Financial Corporation voted to increase the quarterly cash dividend to $0.035 per share, payable Sept. 30, 2002, to shareholders of record at the close of business on Sept. 12, 2002.
The previous cash dividend was $0.0325 per share. This represents an 8 percent increase and marks STFC’s 11th annual dividend increase and 45th consecutive cash dividend since the company’s initial public offering of common stock on June 28, 1991.
Topics Auto New Markets
Was this article valuable?
Here are more articles you may enjoy.
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows 
World’s Growing Civil Unrest Has an Insurance Sting 
Judge Tosses Buffalo Wild Wings Lawsuit That Has ‘No Meat on Its Bones’ 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
