Printer Friendly

ALLIED GROUP RAISES COMMON STOCK DIVIDEND SIXTH YEAR IN A ROW

 ALLIED GROUP RAISES COMMON STOCK DIVIDEND SIXTH YEAR IN A ROW
 DES MOINES, Iowa, March 3 /PRNewswire/ -- The board of directors of Allied Group, Inc. (NASDAQ: ALGR) approved a $0.16 quarterly common stock dividend payable March 31, 1992 to stockholders of record on March 20. This is a 14 percent increase over the 1991 rate and 100 percent increase from the 1986 rate. According to John E. Evans, president and board chairman, the $0.02 quarterly raise was consistent with the company's philosophy of providing its stockholders steady dividend increases and served to express the board's confidence in future performance. This is the sixth year in a row that Allied Group, Inc. has raised its dividend.
 The annual meeting of stockholders will be held May 27, 1992 for stockholders of record March 31.
 Allied Group, Inc. is a regional property-casualty insurer specializing in personal lines. The company uses independent agencies, exclusive agencies, and direct response marketing to offer products in central and western states.
 -0- 3/3/92
 /CONTACT: Jim Shaffer of Allied Group, 515-280-4326/
 (ALGR) CO: ALLIED Group, Inc. ST: Iowa IN: INS SU: DIV


AH-OS -- NY051 -- 4487 03/03/92 12:36 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 3, 1992
Words:196
Previous Article:SNO COUNTRY REPORTS OFFICIAL SKI REPORT FOR MARCH 3, 1992
Next Article:CHARTER BANCSHARES REPORTS 1991 EARNINGS OF $4,368,000
Topics:


Related Articles
ALLIED GROUP, INC. RAISES COMMON STOCK DIVIDEND SEVENTH YEAR IN A ROW
/Repeating from yesterday for points missed./
ALLIED GROUP, INC. ANNOUNCES DIRECTOR ELECTIONS, STOCK SPLIT, AND DIVIDEND INCREASE
ALLIED GROUP, INC. RAISES COMMON STOCK DIVIDEND EIGHTH YEAR IN A ROW
ALLIED LIFE FINANCIAL CORPORATION ANNOUNCES ANNUAL MEETING RESULTS AND DIVIDEND
ALLIED GROUP, INC. ANNOUNCES DIVIDEND INCREASE, ESOP STOCK CONVERSION
Orion Capital Corporation Announces 2-For-1 Common Stock Split and Cash Dividend Increase
Jefferson-Pilot Announces Dividend Increase.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters