HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford’s board of directors increased the quarterly dividend from $0.25 to $0.30 per share, payable on Oct. 1, 2018, to shareholders of record at the close of business on Sept. 4, 2018.
“As a result of the strong performance of our businesses, the sale of Talcott Resolution and the benefits of a lower corporate tax rate, we are pleased to announce a significant increase in our dividend to shareholders,” said The Hartford’s Chairman and CEO Christopher Swift.
This dividend will result in an adjustment to the exercise price of the outstanding warrants expiring June 26, 2019, and may result in an adjustment to the warrant share number. Adjustments will be posted to the Investor Relations section of The Hartford’s website on or around Aug. 31, 2018. For more information, please visit https://ir.thehartford.com/shareholder-information/warrants.
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at www.twitter.com/TheHartford_PR.
The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Conn. For additional details, please read The Hartford’s legal notice.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2017 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
From time to time, The Hartford may use its website to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.