Assurant Boosts Shareholders' Value Via Dividend Hike of 11%

Assurant, Inc.’s (AIZ) board of directors recently approved an 11% hike in cash dividend to 80 cents, up from 72 cents paid earlier. As of the close of business on Dec. 30, 2024, shareholders will receive the quarterly dividend on Dec. 9.AIZ’s distribution of wealth to shareholders via dividend hikes is impressive. The recent hike marks the insurer increasing dividends for straight 20 quarters and currently yielding 1.5%. This move to distribute wealth to its shareholders bears testimony to AIZ’s solid capi ...