Enhanced Investments - Financial Portal

AMERISAFE Increases Dividend 14%

Published: 2019-02-27 21:31:00 ET

Increases Quarterly Dividend from $0.22 to $0.25 per Share

DERIDDER, La., Feb. 27, 2019 (GLOBE NEWSWIRE) -- AMERISAFE, Inc. (Nasdaq:AMSF), a specialty provider of workers' compensation insurance focused on high hazard industries, today announced that its Board of Directors had increased the quarterly dividend by 14%.

The Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on March 22, 2019 to shareholders of record as of March 8, 2019.

"This increase in the quarterly common stock dividend reflects our financial strength and our ongoing commitment to proactively manage shareholders' capital," said G. Janelle Frost, President and Chief Executive Officer.

Over the past five years, the Company has paid $3.80 in regular dividends and $14.75 in extraordinary dividends per share.

More information on the dividend and information on the company's fourth quarter and 2018 full year earnings can be found in AMERISAFE's accompanying earnings release issued today.

ABOUT AMERISAFE

AMERISAFE, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. AMERISAFE actively markets workers' compensation insurance in 27 states.

Neal A. Fuller, EVP & CFO AMERISAFE 337.463.9052

Source: AMERISAFE, Inc.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.