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Affirmative Insurance Holdings, Inc. Announces First Quarterly Cash Dividend.


ADDISON Ad·di·son (d-sn), Thomas 1793-1860., Texas -- Affirmative Insurance Holdings, Inc. (Nasdaq:AFFM AFFM - Adoptive and Foster Families of Maine (Old Town, Maine)), a producer and provider of personal non-standard automobile insurance, today announced its Board of Directors has declared a quarterly cash dividend on its common stock of two cents per share, payable on December 15, 2004 to shareholders of record at the close of business December 1, 2004.

This is Affirmative's first quarterly cash dividend declaration since the Company completed its initial public offering on July 9, 2004.

About Affirmative Insurance Holdings

Headquartered in Addison, Texas, Affirmative Insurance Holdings, Inc., is a producer and provider of non-standard automobile insurance policies to individual consumers in highly targeted geographic markets. Affirmative currently offers products and services in 11 states, including Texas, Illinois, California and Florida.
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Publication:Business Wire
Date:Nov 9, 2004
Words:120
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