Aug. 10, 2016 20:05 UTC
Quarterly Dividend Increased $0.01 from $0.17 Paid in the Prior
Quarter
DULUTH, Ga.--(BUSINESS WIRE)--
The Board of Directors of Primerica, Inc. (NYSE:PRI), a leading
distributor of financial products to middle income households in North
America, today approved payment of a quarterly dividend of $0.18 per
share for the second quarter of 2016, which reflects an increase of
$0.01 per share over the previous dividend. The dividend will be payable
on September 16, 2016 to stockholders of record as of August 24, 2016.
“2016 has begun as another outstanding year for Primerica, as evidenced
this week by our strong second quarter 2016 results,” said CEO Glenn
Williams. “Today’s dividend increase reinforces our strong commitment to
delivering value to our stockholders.”
About Primerica, Inc.
Primerica, Inc., headquartered in Duluth, GA, is a leading distributor
of financial products to middle income households in North America.
Primerica representatives educate their Main Street clients about how to
better prepare for a more secure financial future by assessing their
needs and providing appropriate solutions through term life insurance,
which we underwrite, and mutual funds, annuities and other financial
products, which we distribute primarily on behalf of third parties. In
addition, Primerica provides an entrepreneurial full or part-time
business opportunity for individuals seeking to earn income by
distributing the company’s financial products. We insured approximately
5 million lives and have over 2 million client investment accounts at
December 31, 2015. Primerica stock is included in the S&P MidCap 400 and
the Russell 2000 stock indices and is traded on The New York Stock
Exchange under the symbol “PRI”.
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