SIGIP maintains its quarterly dividend at $0.2875 per share, matching prior payouts with a 7.29% forward yield.
Selective Insurance Group Inc’s 4.60% Depositary Preferred Shares (SIGIP) declared a $0.2875 per share quarterly dividend, unchanged from previous distributions. The payout aligns with the company’s prior dividend policy and offers a 7.29% forward yield based on current pricing.
The dividend is payable on September 15 to shareholders of record as of August 31, with the ex-dividend date also set for August 31. The consistency in payout reflects stable financial positioning amid market conditions.
No immediate market reaction was specified, though preferred share yields often attract income-focused investors.