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CEDAR RAPIDS, Iowa – United Fire Group, Inc. (NASDAQ: UFCS), known as UFG, continues its long-standing tradition of returning profits to shareholders, announcing a quarterly cash dividend of $0.16 per share. This latest dividend is scheduled to be paid on March 22, 2024 to shareholders of record as of March 8, 2024.
Founded in 1946 and operating through an insurance subsidiary, UFG has a notable history of consistent dividend payments, with this quarter marking the 224th consecutive dividend payment since March 1968. did. UFG's operations span the United States and provide property and casualty insurance. Licensed in all 50 states and the District of Columbia. The company's products are sold through approximately 1,000 independent distributors.
UFG's financial stability has been recognized by AM Best Company, which gives the member of the United Fire & Casualty Group an “A-” (excellent) rating. This rating reflects the company's solid performance and ability to meet ongoing insurance obligations.
The dividend announcement is in accordance with the company's normal financial practices aimed at providing value to shareholders. Please note that although the Company has made forward-looking statements regarding business operations and expected performance, these are not guarantees of future performance and are subject to risks and uncertainties. That is important.
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