Increases Quarterly Dividend from $0.31 to $0.34 per Share
DERIDDER, La.–(BUSINESS WIRE)–AMERISAFE, Inc. (Nasdaq: AMSF), a specialty provider of workers’ compensation insurance focused on high hazard industries, today announced that its Board of Directors has increased the quarterly dividend by 9.7%, from $0.31 to $0.34 per share.
The Board of Directors declared a quarterly cash dividend of $0.34 per share, payable on March 24, 2023 to shareholders of record as of March 10, 2023.
The Company began paying dividends in 2013. Since that time, the Company has paid $38.03 in dividends per share, comprising $8.28 in regular dividends and $29.75 in special dividends.
Additional information on the Company’s fourth quarter and 2022 full year earnings can be found in AMERISAFE’s accompanying earnings release issued today.
AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, and manufacturing. AMERISAFE actively markets workers’ compensation insurance in 27 states.
Andy Omiridis, EVP & CFO