NEW YORK--(BUSINESS WIRE)--Assurant, Inc. (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, announced that its Board of Directors declared dividends on its common and preferred stock as follows:
Common - a quarterly dividend of $0.63 per share of common stock. The dividend will be payable on June 16, 2020 to stockholders of record as of the close of business on May 26, 2020.
Preferred - a quarterly dividend of $1.6250 per share of 6.50% mandatory convertible preferred stock. The dividend will be payable on June 15, 2020 to stockholders of record as of the close of business on June 1, 2020.
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 leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance; lender-placed insurance products; and other specialty products. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future.