AIZ Raises Quarterly Dividend by 10%, Ups Share Buyback Capacity

Core Insights - Assurant, Inc. (AIZ) has announced a significant increase in its common stock dividend, reflecting its strong financial position and commitment to shareholder returns [1][2] - The quarterly dividend has been raised to 88 cents per share from 80 cents, marking a 10% increase and the 21st consecutive year of dividend growth [2][10] - The new dividend yield based on the stock's closing price of $227.05 is 1.41%, making it appealing for yield-seeking investors [3][10] Financial Strength and Capital Management - Assurant's strategy includes returning excess cash to shareholders through both dividend increases and share repurchases, demonstrating solid capital position and cash generation capabilities [5][10] - As of September 30, 2025, liquidity stood at $613 million, significantly above the targeted minimum of $225 million, with $206.3 million spent on share repurchases in the first nine months of 2025 [6][10] - The company plans to return up to $300 million to shareholders through share repurchases in 2025, indicating strong cash flow generation [7][10] Performance Metrics - Assurant's return on equity was 18.6% over the trailing 12 months, outperforming the industry average of 15.3% [8] - Year-to-date, Assurant shares have gained 6.5%, surpassing the industry growth of 6% [9]