Allied World Assurance Company Holdings Keeps Dividend Steady
Allied World Assurance Company Holdings has announced plans to pay a $0.50 quarterly dividend to shareholders.
This is the same amount the insurance company has paid since July 2013, after boosting its payout 33% from $0.375 per share. The latest quarterly dividend will be payable on Oct. 3 to stockholders of record as of Sept. 24.
On an annualized basis, Allied World's dividend adds up to $2.00 per share of common stock. As of the market's close on Sept. 10, the company's stock was trading at $93.52, which means its dividend currently yields 2.1%.
The article Allied World Assurance Company Holdings Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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