Assurant Board of Directors Declares Quarterly Dividends on its Common and Preferred Stock
Jul. 12, 2018
NEW YORK--(BUSINESS WIRE)--Jul 12, 2018--Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions, announced that its Board of Directors declared dividends of its common and preferred stock as follows:
Common - a quarterly dividend of $0.56 per share of common stock. The dividend will be payable on September 18, 2018 to stockholders of record as of the close of business on August 27, 2018.
Preferred – a quarterly dividend of $1.6250 per share of 6.50% mandatory convertible preferred stock. The dividend will be payable on September 17, 2018 to stockholders of record as of the close of business on September 1, 2018.
Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company's earnings, financial condition, capital requirements, future prospects, regulatory and other restrictions, among other factors.
Assurant, Inc. (NYSE: AIZ) is a global provider of risk management solutions, protecting where consumers live and the goods they buy. A Fortune 500 company, Assurant focuses on the housing and lifestyle markets, and is among the market leaders in mobile device protection and related services; extended service contracts; vehicle protection; pre-funded funeral insurance; renters insurance; lender-placed homeowners insurance; and mortgage valuation and field services. Assurant has a market presence in 21 countries, while its Assurant Foundation works to support and improve communities. Learn more at assurant.com or on Twitter @AssurantNews.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180712005764/en/
CONTACT: Assurant, Inc.
Linda Recupero, 212.859.7005
Senior Vice President, Enterprise Communication
Suzanne Shepherd, 212.859.7062
Vice President, Investor Relations
Sean Moshier, 212.859.5831
Manager, Investor Relations
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE INSURANCE
SOURCE: Assurant, Inc.
Copyright Business Wire 2018.
PUB: 07/12/2018 02:00 PM/DISC: 07/12/2018 02:01 PM