United Fire Group(NASDAQ:UFCS) Declares Dividend of $0.2500.

United Fire Group (NASDAQ:UFCS) had declared a cash dividend of $0.2500 on Aug 19, 2016. The shares will quote ex-dividend on Aug 30, 2016 and the record date has been fixed for Sep 1, 2016. On Aug 19, 2016 share price, the yield comes out to be 2.3502%. The dividend payable date has been fixed on Sep 15, 2016.

United Fire Group (UFCS) shares turned negative on Mondays trading session with the shares closing down -0.11 points or -0.26% at a volume of 55,585. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $43.33. The peak price level was also seen at $43.33 while the days lowest was $42.48. Finally the shares closed at $43. The 52-week high of the shares is $45.75 while the 52-week low is $32.63. According to the latest information available, the market cap of the company is $1,092 M.

United Fire Group(UFCS) last announced its earnings results on Aug 3, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $279.77M. Analysts had an estimated revenue of $274.40M. Earnings per share were $0.08. Analysts had estimated an EPS of $0.34.

Several Insider Transactions has been reported to the SEC. On Jun 17, 2016, Dee Ann Mcintyre (10% owner) purchased 5,000 shares at $42.04 per share price.Also, On Jun 16, 2016, Christopher R Drahozal (director) sold 5,000 shares at $42.04 per share price.On May 12, 2016, Kyle D. Skogman (director) sold 1,333 shares at $40.69 per share price, according to the Form-4 filing with the securities and exchange commission.

United Fire Group Inc. (United Fire) provides insurance protection for individuals and businesses through several regional companies. The Company operates through two segments: property and casualty insurance and life insurance. The Company’s property and casualty insurance segment consists of commercial lines insurance including surety bonds personal lines insurance and assumed reinsurance. The Company’s life insurance segment consists of deferred and immediate fixed annuities universal life insurance products and traditional life insurance products. The Company’s property and casualty insurance company subsidiaries are licensed in 43 states plus the District of Columbia and are represented by approximately 1200 independent agencies. Its life insurance subsidiary is licensed in 37 states and is represented by approximately 1000 independent agencies.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *