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Global Indemnity Group, LLC Announces 40% Increase in Quarterly Dividend
GBLIGlobal Indemnity Group(GBLI) Businesswire·2024-03-06 13:45

WILMINGTON, Del.--(BUSINESS WIRE)--Global Indemnity Group, LLC (NYSE:GBLI) (“GBLI”) announced today that its Board of Directors approved a dividend rate of 0.35percommonsharepayableonMarch28,2024toallshareholdersofrecordasofthecloseofbusinessonMarch21,2024,a400.35 per common share payable on March 28, 2024 to all shareholders of record as of the close of business on March 21, 2024, a 40% increase over the prior quarterly dividend rate of 0.25 per common share. “The increase in GBLI’s dividend reflects the company’s ongoing strong financial performance, capital and reserve positions, liquidity, and balanc ...