Donegal Group Increases Quarterly Dividend

By Tamara Parker • Thursday, December 19 15:23 • Permanent Link

Donegal Group Inc. has announced its quarterly dividend, with a declared regular cash dividend of $0.1725 per share for the Class A common stock and $0.155 per share for the Class B common stock. This represents an increase from the previous quarter's dividend of $0.17 per share for Class A common stock and $0.15 per share for Class B common stock.

The dividends are payable on February 18, 2025, to stockholders of record as of the close of business on February 4, 2025. Donegal Group Inc., an insurance holding company, operates in 21 states and is focused on achieving sustained excellent financial performance, modernizing its operations and processes, capitalizing on opportunities for profitable growth, and delivering a superior experience to its agents and customers.

The company's Class A common stock (NASDAQ: DGICA) and Class B common stock (NASDAQ: DGICB) trade on the NASDAQ Global Select Market. Donegal Group Inc. and its insurance subsidiaries have an A.M. Best rating of A (Excellent).

These figures indicate a positive trend in the company's financial performance, reflecting an increase in the dividends paid out to shareholders compared to the previous quarter. The market has reacted to these announcements by moving the company's shares -0.1% to a price of $15.74. For more information, read the company's full 8-K submission here.

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