Insurance Australia Group Limited (ASX:IAGPE) Plans Dividend Increase – $1.62 Per Share

Insurance Australia Group Limited (ASX:IAGPE) announced a interim dividend on Friday, February 13th, MarketIndexAU Dividends reports. Stockholders of record on Sunday, March 15th will be paid a dividend of 1.624 per share on Sunday, March 15th. This represents a dividend yield of 153.0%. The ex-dividend date of this dividend is Monday, March 2nd. This is a 7.8% increase from Insurance Australia Group’s previous interim dividend of $1.51.

Insurance Australia Group Price Performance

Insurance Australia Group Company Profile

Insurance Australia Group Limited underwrites general insurance products and provides investment management services in Australia and New Zealand. It offers personal and commercial insurance products, including bicycle, comprehensive motor, commercial and motor fleet, commercial property and liability, construction and engineering, consumer credit, compulsory third party, directors and officers, extended warranty, farm, crop, livestock, home and contents, income protection, marine, veteran, vintage and classic car, boat, caravan, travel, life, professional indemnity, public and product liability, security, workers' compensation, motor vehicle, personal liability, business, and rural and horticultural, as well as reinsurance.