United Fire Group, Inc. (UFG) has declared a common stock quarterly cash dividend of $0.16 per share, payable on September 12, 2025, to shareholders of record as of August 29, 2025. This marks the 230th consecutive quarterly dividend paid by UFG, dating back to March 1968.
In terms of financial performance, UFG reported total revenues of $304.5 million for the second quarter of 2025, compared to $291.3 million in the same period last year, representing an increase of 4.5%. Net investment income also saw a significant uptick, totaling $30.2 million for the second quarter of 2025, compared to $25.6 million in the same period last year, reflecting an increase of 18.0%.
UFG's combined ratio for the second quarter of 2025 was 96.1%, an improvement compared to the 97.2% reported in the second quarter of 2024. Additionally, the company's net income for the second quarter of 2025 was $26.6 million, a notable increase from the $17.2 million reported in the same period last year.
The company's book value per share stood at $34.34 as of June 30, 2025, indicating a slight increase from the $33.72 reported on December 31, 2024. Furthermore, UFG's annualized return on equity (ROE) for the second quarter of 2025 was 12.3%, showing improvement from the 8.1% reported in the second quarter of 2024.
In terms of underwriting results, UFG's net premiums written for the second quarter of 2025 were $223.7 million, compared to $214.7 million in the same period last year, reflecting an increase of 4.2%. The company's loss ratio for the second quarter of 2025 improved to 60.4% from 61.2% in the second quarter of 2024.
Following these announcements, the company's shares moved 0.36%, and are now trading at a price of $30.66. For more information, read the company's full 8-K submission here.
