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.
In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability 
State Farm Sued Over Policies Backed by Distressed Insurer PHL 
Acrisure to Buy MGA Vave From Canopius 
Brookfield Targets Global Dominance in P/C Insurance Coverage 
