01/14/2020 | Press release | Distributed by Public on 01/14/2020 16:16
NEW YORK, Jan. 14, 2020 - Assurant, Inc. (NYSE: AIZ), a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases, announced that its Board of Directors declared dividends on its common and preferred stock as follows:
Common - a quarterly dividend of $0.63 per share of common stock. The dividend will be payable on March 16, 2020 to stockholders of record as of the close of business on February 24, 2020.
Preferred - a quarterly dividend of $1.6250 per share of 6.50% mandatory convertible preferred stock. The dividend will be payable on March 16, 2020 to stockholders of record as of the close of business on March 1, 2020.
Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company's earnings, financial condition, capital requirements, future prospects, regulatory and other restrictions, among other factors.
Assurant, Inc. (NYSE: AIZ) is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world's leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance and lender-placed homeowners insurance. TheAssurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.
Senior Vice President, Enterprise Communication
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Director, Investor Relations