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National General Holdings Corp. Announces Dividend Increase on Common Stock of 33% to $0.04 per share

NEW YORK, Aug. 04, 2016 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ:NGHC) today announced that its Board of Directors approved quarterly dividends on the company’s common and preferred stock as follows:

  • A cash dividend on the company's common stock of $0.04 per share.
  • A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series A, in the amount of $0.46875 per share.
  • A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series B, in the amount of $18.75 per share (equivalent to $0.46875 per Depositary Share).
  • A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series C, in the amount of $20.41680 per share (equivalent to $0.51042 per Depositary Share).

The dividend on the company’s common stock will be payable on October 19, 2016 to shareholders of record as of October 5, 2016. Each dividend on the company’s preferred stock will be payable on October 17, 2016 to shareholders of record as of October 1, 2016.

About National General Holdings Corp.

National General Holdings Corp., headquartered in New York City, is a specialty personal lines insurance holding company. National General traces its roots to 1939, has a financial strength rating of A- (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products.

Investor Contact Investor Relations Department Phone: 212-380-9462 Email: Investors@ngic.com

Source:National General Holdings Corp.