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
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