NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions, announced that its Board of Directors declared dividends of its common and preferred stock as follows:
Common - a quarterly dividend of $0.56 per share of common stock. The dividend will be payable on June 19, 2018 to stockholders of record as of the close of business on May 29, 2018.
Preferred – a quarterly dividend of $1.6792 per share of 6.50% mandatory convertible preferred stock (NYSE: AIZP). The dividend will be payable on June 15, 2018 to stockholders of record as of the close of business on June 1, 2018.
Future dividend declarations will be made at the discretion of the Assurant Board of Directors and will be dependent upon the company's earnings, financial condition, capital requirements, future prospects, regulatory and other restrictions, among other factors.
Assurant, Inc. (NYSE: AIZ) is a global provider of risk management solutions, protecting where consumers live and the goods they buy. A Fortune 500 company, Assurant focuses on the housing and lifestyle markets, and is among the market leaders in mobile device protection and related services; extended service contracts; vehicle protection; pre-funded funeral insurance; renters insurance; lender-placed homeowners insurance; and mortgage valuation and field services. With approximately $32 billion in assets and $6 billion in annualized revenue as of March 31, 2018, Assurant has a market presence in 16 countries, while its Assurant Foundation works to support and improve communities. Learn more at assurant.com or on Twitter @AssurantNews.