Assurant, Inc. (NYSE:AIZ) Announces Quarterly Dividend

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Assurant, Inc. (NYSE:AIZ) declared quarterly dividend of $ 0.63 per share, or $ 2.52 annualized.

The dividend will be payable on September 22, 2020, to stockholders of record on August 31, 2020, with an ex-dividend date of August 28, 2020.

Dividends History
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Recent Earnings Announcement

Assurant, Inc. disclosed income for the first quarter of $ 2.64 per share, from the revenue of $ 2,566.00 million. The consensus estimates are income of $ 2.42 per share from $ 2,590.00 million in revenue. The bottom line results beat street analysts by $ 0.22 or 9.09 percent, at the same time, top line results fell short of analysts by $ 24 million or 0.93 percent.

Stock Performance

According to the previous trading day, closing price of AIZ was $ 100.74, representing a 32.08 % increase from the 52 week low of $ 76.27 and a 29.36 % decrease over the 52 week high of $ 142.61.

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The company has a market capital of $ 5.86 billion and is part of the Financial Services sector and Insurance – Specialty industry.

Assurant, Inc., through its subsidiaries, provides risk management solutions for housing and lifestyle markets in North America, Latin America, Europe, and the Asia Pacific. The company operates through three segments: Global Housing, Global Lifestyle, and Global Preneed. Its Global Housing segment provides lender-placed homeowners, manufactured housing, and flood insurance; and renters insurance and related products, as well as voluntary manufactured housing insurance, homeowners insurance, and other products.