Primerica Sets Dec. 14 Payment Date for $1.20 Quarterly Dividend

Primerica’s board approved a $1.20-per-share quarterly dividend payable Dec. 14 to stockholders of record Nov. 20, keeping the payout at the level established after a 15% increase in February. The amount matches the previous quarter’s dividend. Primerica raised its quarterly rate from $1.04 to $1.20 in February. For the quarter ended Sept. 30, Primerica returned $159 million to stockholders. The total included $122 million in share repurchases and $37 million in dividends paid. The company also posted $902 million in revenue and earnings of $6.76 per diluted share for the quarter.

Source: TokenPost