The board of directors of ProCentury Corporation approved a cash dividend of $0.025 per share, an increase of one-half cent, compared with the dividend declared in August of 2005. The dividend is payable on Dec. 21, 2005 to stockholders of record on Nov. 30, 2005.
ProCentury Corporation, based in Columbus, Ohio, is a specialty property and casualty insurance holding company. Its subsidiary, Century Surety Company, underwrites general liability, commercial property, and multi-peril insurance for small and mid-sized businesses. Century Surety Company primarily writes excess and surplus lines insurance and markets its products through a select network of general agents.