Selective Insurance Boosts Quarterly Dividend By 9% From $0.35 To $0.38 Per Share
Portfolio Pulse from Benzinga Newsdesk
Selective Insurance has announced a 9% increase in its quarterly dividend, raising it from $0.35 to $0.38 per share. The dividend is payable on December 2, 2024, to shareholders on record as of November 15, 2024.
October 21, 2024 | 8:28 pm
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Selective Insurance has increased its quarterly dividend by 9%, signaling financial strength and a commitment to returning value to shareholders.
The increase in dividend suggests that Selective Insurance is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100