Selective Insurance Group Announces Quarterly Dividend for Preferred Shares
Selective Insurance Group, Inc. (SIGIP) has declared a quarterly dividend of $0.2875 per share on its 4.60% preferred stock. The payment is scheduled for December 15, with the ex-dividend date and record date both set for November 30. This distribution remains consistent with previous payouts, offering a forward yield of 7.74%. The announcement follows recent financial reporting where Selective Insurance (SIGI) reported a Non-GAAP EPS of $2.37, exceeding analyst expectations by $0.44. While revenue reached $1.33 billion, it fell slightly short of estimates by $20 million. The company has also raised its after-tax net investment income outlook to $490 million and provided a combined ratio guidance between 96.5% and 97.5% for 2026.
Tickers: $SIGI
Topics: combined ratio outlook dividend declaration earnings report EPS beat revenue miss
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