Board of Directors of Primerica, Inc. Declares $0.16 Quarterly Dividend
Quarterly Dividend Increased 33% from $0.12 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 $0.16 per share for the fourth quarter of 2014, which reflects an increase of $0.04 per share or 33% over the previous dividend. The dividend will be payable on March 16, 2015 to stockholders of record as of February 20, 2015.
Rick Williams, Chairman of the Board and Co-Chief Executive Officer said, “Primerica is in an excellent position to reward our shareholders with an increased dividend. This action reaffirms our commitment to creating shareholder value and our positive view on the long-term outlook for the company.”
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 more than 4 million lives and have over 2 million client investment accounts at December 31, 2014. 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”.
Primerica, Inc.
Investor:
Kathryn Kieser,
866-694-0420
investorrelations@primerica.com
Media:
Keith Hancock, 866-694-0420
Keith.Hancock@Primerica.com
Source: Primerica, Inc.
Released February 5, 2015