Capitol Transamerica Corporation, has reported a quarterly dividend of $.07 per share, payable Sept. 27 to shareholders of record at the close of business September 15. It marks the 17th consecutive year the company has provided an annual dividend return to shareholders.
Since 1984, the equivalent cash dividends will have increased 1329% from $.25 to $3.57 per share, when taking into account stock dividends and stock splits declared since 1986.
Capitol Transamerica Corporation is an insurance holding company writing specialty lines of commercial property and casualty insurance as well as fidelity and surety bonds through its subsidiary insurance companies, Capitol Indemnity Corporation and Capitol Specialty Insurance Corporation. A third subsidiary, Capitol Facilities Corporation, provides premium financing for the insurance companies.
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