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American States Financial Corp. declares dividend.


INDIANAPOLIS--(BUSINESS WIRE)--Aug. 6, 1996--The board of directors of American States Financial Corp. today declared a quarterly cash dividend of 21 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
 on the corporation's common shares.

The dividend was the first declared by the insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual.

An insurer is frequently an insurance company and is also known as an underwriter.
 since it became a publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 in May 1996.

The dividend will be payable Sept. 27, 1996, to shareholders of record Aug. 27, 1996.

American States Financial Corp. is a holding company that, through its subsidiaries, markets property, casualty and life insurance coverages. A leading writer of commercial coverage for small- to medium-sized businesses, American States also markets preferred personal insurance coverages.

CONTACT: American States Financial Corp., Indianapolis

Investors: Mark Chappell Mark Chappell is a British sitcom writer and screenwriter. His credits include My Life in Film (for BBC Three), Tony Blair, Rock Star (for Channel 4 Television/V Good Films) Perfect Day, The Millennium , 317/262-6930

Media: John Cook, 317/262-6790
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 6, 1996
Words:118
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