Assurant Raises Dividend 10%, Approves Buyback

Dow Jones11-14

By Katherine Hamilton

Assurant raised its quarterly dividend 10% to 88 cents.

The new dividend, which is an increase of 8 cents, will be paid on Dec. 29 to shareholders of record at the close on Dec. 1.

The new payout, equal to $3.52 a year, represents an annual yield of 1.6% based on Thursday's closing price of $227.05.

Assurant's board also authorized a share buyback program of up to $700 million. That's in addition to the current authorization, of which $141 million remained unused as of Oct. 31.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(MORE TO FOLLOW) Dow Jones Newswires

November 13, 2025 16:52 ET (21:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment