Donegal Group Inc. Announces Increase in Quarterly Dividend

MARIETTA, Pa. — On April 17, 2025, Donegal Group Inc. (NASDAQ: DGICA and DGICB) declared an increase in its quarterly cash dividends, providing good news for its shareholders. The board of directors approved a dividend of $0.1825 per share for Class A common stock and $0.165 per share for Class B common stock, marking solid percentage increases from prior rates. The dividends will be distributed on May 15, 2025, to stockholders recorded by the close of business on May 1, 2025.

Key Highlights of the Dividend Announcement

• Dividend Amounts:

  • Class A Common Stock: $0.1825 per share
  • Class B Common Stock: $0.165 per share

• Payment Date: May 15, 2025

• Record Date: May 1, 2025

• Percentage Increases:

  • Class A Common Stock: 5.8% increase
  • Class B Common Stock: 6.5% increase

About Donegal Group Inc.

Donegal Group Inc. is a prominent insurance holding company that operates within the property and casualty insurance sector. Here are some key points about the company:

• Insurance Operations:

  • Offers services in 21 states across the Mid-Atlantic, Midwest, South, and Southwest regions.
  • Conducts business under the Donegal Insurance Group brand alongside Donegal Mutual Insurance Company and its subsidiaries.

• Financial Ratings:

  • Holds an A (Excellent) rating from A.M. Best, reflecting the company's strong financial health.

• Stock Information:

  • Class A and Class B common stocks are traded on the NASDAQ Global Select Market under symbols DGICA and DGICB.

• Strategic Focus:

  • Aims for sustained excellent financial performance.
  • Committed to modernizing operations and processes.
  • Focuses on profitable growth opportunities.
  • Strives to provide superior experiences for agents, customers, and employees.

Conclusion

Donegal Group Inc.’s recent announcement of increased dividends showcases the company's commitment to returning value to its shareholders while maintaining a strategic focus on growth and operational excellence. This positive news reflects the company's solid financial standing and dedication to enhancing shareholder satisfaction.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research or consult a licensed financial advisor before making investment decisions.