UFCS United Fire Group Inc.

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

CEDAR RAPIDS, Iowa, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 13, 2024 to shareholders of record as of August 30, 2024.

UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 226th consecutive quarterly dividend paid, dating back to March 1968.

About UFG

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.

Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit

Contact:

Investor Relations

Email:

Media Inquiries

Email:

Disclosure of Forward-Looking Statements

This release may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about the Company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expect(s)," "anticipate(s)," "intend(s)," "plan(s)," "believe(s)," "continue(s)," "seek(s)," "estimate(s)," "goal(s)," "remain(s) optimistic," "target(s)," "forecast(s)," "project(s)," "predict(s)," "should," "could," "may," "will," "might," "hope," "can" and other words and terms of similar meaning or expression in connection with a discussion of future operations, financial performance or financial condition, are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual outcomes and results to differ materially from those expressed in the forward-looking statements is contained in Part I, Item 1A "Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission ("SEC") on February 29, 2024. The risks identified in our Annual Report on Form 10-K and in our other SEC filings are representative of the risks, uncertainties, and assumptions that could cause actual outcomes and results to differ materially from what is expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release or as of the date they are made. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.



EN
16/08/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on United Fire Group Inc.

 PRESS RELEASE

United Fire Group, Inc. Reports Third Quarter 2024 Results

United Fire Group, Inc. Reports Third Quarter 2024 Results Net income of $0.76 per diluted share and adjusted operating income of $0.81 per diluted share Third quarter 2024 highlights compared to third quarter 2023:(1) Net income increased from $6.4 million to $19.7 million.Net investment income increased 49% to $24.5 million.GAAP combined ratio improved 3.8 points to 98.2%; composed of an underlying loss ratio of 57.9%, catastrophe loss ratio of 4.4%, no prior year reserve development, and underwriting expense ratio of 35.9%.The underlying combined ratio improved 2.1 points to 93.8%.Net...

 PRESS RELEASE

United Fire Group, Inc. Announces Its 2024 Third Quarter Earnings Call

United Fire Group, Inc. Announces Its 2024 Third Quarter Earnings Call CEDAR RAPIDS, Iowa, Oct. 22, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2024 third quarter earnings results will be released after the market closes on Tuesday, November 5, 2024. An earnings call will be held on Wednesday, November 6, 2024 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2024 third quarter results. Teleconference:...

 PRESS RELEASE

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividen...

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share CEDAR RAPIDS, Iowa, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 13, 2024 to shareholders of record as of August 30, 2024. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 226th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded...

 PRESS RELEASE

United Fire Group, Inc. Reports Second Quarter 2024 Results

United Fire Group, Inc. Reports Second Quarter 2024 Results Second Quarter Net Loss of $0.11 per Diluted Share and Adjusted Operating Loss of $0.07 per Diluted Share Second quarter 2024 highlights: Net loss of $2.7 million includes a $3.2 million pre-tax charge for an estimated contingent liability related to rating errors.Net premiums written(1) increased 9.0% to $326.1 million compared to the second quarter of 2023.Net investment income increased 59.2% to $18.0 million compared to the second quarter of 2023.GAAP combined ratio of 105.6% improved 27.4 points compared to the second quarte...

 PRESS RELEASE

United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Cal...

United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Call CEDAR RAPIDS, Iowa, July 23, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2024 second quarter earnings results will be released after the market closes on Tuesday, August 6, 2024. An earnings call will be held on Wednesday, August 7, 2024 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2024 second quarter results. Teleconference...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch