Seattle-based Safeco’s Board of Directors announced an increase to the company’s quarterly dividend. The Board declared a regular quarterly dividend of $0.22 per share, payable on Oct. 25, 2004 to shareholders of record as of Oct. 8, 2004.
“This represents a 19 percent increase per share over the previous quarterly dividend of $.185 per share,” said Mike McGavick, Safeco chairman and CEO. “Even as a smaller company, our earnings and our confidence justify increasing our payout to shareholders.”
Was this article valuable?
Here are more articles you may enjoy.
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
Florida Supreme Court Posts New Rule on AI Hallucinations in Court Filings 
USI Insurance Services Claims Ex-Broker Poached Clients for Own New Agency 
Roof Costs Soar Even as Claims Decline: Verisk 
