By Roshan Fernandez
International General Insurance doubled its quarterly dividend to 5 cents a share, up from 2.5 cents.
The specialty risks commercial insurer's new payout, equal to 20 cents a year, represents an annual yield of about 0.8% based on Thursday's closing price of $23.90.
The dividend is payable on June 18 to stockholders of record as of June 2.
The company previously declared an extraordinary dividend of 85 cents a share from October to December of last year. That was paid to shareholders last month.
Write to Roshan Fernandez at roshan.fernandez@wsj.com
(END) Dow Jones Newswires
May 15, 2025 17:22 ET (21:22 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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