The Hartford Increases Quarterly Dividend by 12% and Signals Impending Sale of Hartford Funds
The Hartford (HIG) reported strong third-quarter results, characterized by disciplined execution across its business segments. During the earnings call, Chairman and CEO Christopher Swift highlighted the company's consistent performance and operational stability. In a significant strategic move, the company signaled that the sale of its Hartford Funds division could close as early as December 1. Additionally, The Hartford announced a 12% increase in its quarterly dividend, raising the payout to $0.67 per share, reflecting confidence in its ongoing cash flow and capital management strategy.