EMC Insurance Group Inc. Declares Quarterly Cash Dividend
May 23 2019 - 12:35PM
On May 22, 2019, the board of directors of EMC Insurance Group Inc.
(Nasdaq:EMCI) (the “Company”) declared a quarterly cash dividend of
$0.23 per share of common stock payable June 11, 2019, to
stockholders of record as of June 4, 2019. The Company has declared
a quarterly dividend since becoming a publicly held company in
February 1982, and has never reduced its dividend.
About EMCIEMC
Insurance Group Inc. is a publicly held insurance holding company
with operations in property and casualty insurance and reinsurance,
which was formed in 1974 and became publicly held in 1982. The
Company’s common stock trades on the Global Select Market tier of
the Nasdaq Stock Market under the symbol EMCI. EMCI’s parent
company is Employers Mutual Casualty Company (Employers Mutual).
EMCI and Employers Mutual, together with their subsidiary and
affiliated companies, conduct operations under the trade name EMC
Insurance Companies.
On May 9, 2019, Employers Mutual and the Company
announced the execution of the definitive merger agreement,
pursuant to which Employers Mutual will acquire all of the
remaining shares of the Company for $36.00 per share in cash,
subject to shareholder approval. Additional information regarding
the Company may be found at investors.emcins.com and additional
information regarding the proposed merger transaction can be found
through the website maintained by the Securities and Exchange
Commission at www.sec.gov or by contacting the individuals listed
below.
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Contacts |
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Investors: |
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Media: |
Steve Walsh, 515-345-2515 |
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Lisa Hamilton,
515-345-7589 |
steve.t.walsh@emcins.com |
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lisa.l.hamilton@emcins.com |
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