MARIETTA, PA — Donegal Group Inc. (NASDAQ: DGICA, DGICB) will pay quarterly cash dividends to shareholders in August, continuing capital distributions through separate payments for its Class A and Class B common stock.
The company’s board of directors declared a dividend of $0.1925 per share on Class A common stock and $0.175 per share on Class B common stock, according to the company’s announcement.
The dividends will be paid Aug. 14 to shareholders of record at the close of business July 31.
Donegal Group is an insurance holding company whose subsidiaries and affiliates provide property and casualty insurance across 21 states in the Mid-Atlantic, Midwest, South and Southwest. The company conducts business with Donegal Mutual Insurance Company and its insurance subsidiaries under the Donegal Insurance Group brand.
The company’s Class A and Class B shares trade on the Nasdaq Global Select Market under the ticker symbols DGICA and DGICB, respectively.
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