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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Donegal Group Inc.    DGICB

DONEGAL GROUP INC.

(DGICB)
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Donegal Group Inc. Announces Quarterly Dividend

10/15/2020 | 02:00pm EST

MARIETTA, Pa., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.15 per share of the Company’s Class A common stock and $.1325 per share of the Company’s Class B common stock. The dividends are payable on November 16, 2020 to stockholders of record as of the close of business on November 2, 2020.

Donegal Group Inc. is an insurance holding company whose insurance subsidiaries offer personal and commercial property and casualty lines of insurance in 20 Mid-Atlantic, Midwestern, New England and Southern states. Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. We are focused on several primary strategies, including improving our financial performance, utilizing technology to improve our operational efficiency, strategically modernizing our business in order to achieve operational excellence and enhancing our market position to compete effectively.

CONTACT: Jeffrey D. Miller
Executive Vice President & Chief Financial Officer
Phone: (717) 426-1931
E-mail: investors@donegalgroup.com


© GlobeNewswire 2020
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Financials (USD)
Sales 2020 774 M - -
Net income 2020 48,6 M - -
Net Debt 2020 - - -
P/E ratio 2020 8,50x
Yield 2020 4,19%
Capitalization 415 M 415 M -
Capi. / Sales 2020 0,54x
Capi. / Sales 2021 0,52x
Nbr of Employees -
Free-Float 86,3%
Chart DONEGAL GROUP INC.
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 2
Average target price 16,50 $
Last Close Price 14,19 $
Spread / Highest target 19,8%
Spread / Average Target 16,3%
Spread / Lowest Target 12,8%
EPS Revisions
Managers and Directors
NameTitle
Kevin G. Burke Chairman, President & Chief Executive Officer
Jeffrey D. Miller Chief Financial Officer & Executive Vice President
Sanjay Pandey Chief Information Officer & Senior Vice President
Sewell Trezevant Moore Independent Director
Richard D. Wampler Independent Director
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