National Interstate Corporation Increases Quarterly Dividend
28 2월 2012 - 6:15AM
National Interstate Corporation (Nasdaq:NATL) announced that on
February 24, 2012, its Board of Directors approved a $0.10 per
share dividend. The first quarterly cash dividend for 2012 will be
payable on March 23, 2012 to shareholders of record of the
Company's common stock as of the close of business on March 9,
2012.
The $0.10 per share dividend represents an 11% increase over
quarterly dividend payments made in 2011. The Company has increased
its dividend each year since its Initial Public Offering in 2005.
The Board of Directors intends to continue to review the Company's
dividend policy at future first quarter meetings, with the
anticipation of considering annual dividend increases in accordance
with its dividend policy.
About National Interstate Corporation An
Insurance Experience Built Around You.
National Interstate Corporation (Nasdaq:NATL), founded in 1989,
is the holding company for a specialty property-casualty insurance
group which differentiates itself by offering products and services
designed to meet the unique needs of niche markets. Products
include insurance for passenger, truck, and moving and storage
transportation companies, alternative risk transfer, or captive
programs for commercial risks, specialty personal lines products
focused primarily on recreational vehicle owners and small
commercial vehicle accounts, and transportation and general
commercial insurance in Hawaii and Alaska. The Company's insurance
subsidiaries, including the three primary insurers, National
Interstate Insurance Company, Vanliner Insurance Company and
Triumphe Casualty Company, are rated "A" (Excellent) by A.M. Best
Company. Headquartered in Richfield, Ohio, National Interstate is
an independently operated subsidiary of Great American Insurance
Company, a property-casualty subsidiary of American Financial
Group, Inc. (NYSE:AFG) (Nasdaq:AFG).
CONTACT: Tanya Inama
National Interstate Corporation
877-837-0339
investorrelations@nationalinterstate.com
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