Fremont Michigan InsuraCorp, Inc. Announces Regular Quarterly Dividend
01 Março 2010 - 10:30AM
PR Newswire (US)
FREMONT, Mich., March 1 /PRNewswire-FirstCall/ -- Fremont Michigan
InsuraCorp, Inc. (BULLETIN BOARD: FMMH) , today announced that its
Board of Directors has declared the Company's regular quarterly
cash dividend of $0.04 per share on its common stock. The dividend
will be payable on March 31, 2010 to shareholders of record on
March 15, 2010. "The declaration of our quarterly dividend reflects
the strength of our financial performance throughout a challenging
year in 2009," said Richard E. Dunning, President and CEO. "Over
the past year, we accomplished a number of key strategic goals, as
we strengthened our corporate governance, established our plan to
expand into neighboring states, and received an upgrade in our A.
M. Best Financial Strength Rating to A- (Excellent). Our regular
dividend is also an important indication of the Board's confidence
in our future strategic direction and our commitment to providing a
regular cash dividend as an important component of total return to
our shareholders." About Fremont Michigan InsuraCorp, Inc. Fremont
Michigan InsuraCorp, Inc. is the holding company for Fremont
Insurance Company. Headquartered in Fremont, Michigan, the company
provides property and casualty insurance to individuals, farms and
small businesses exclusively in Michigan. Fremont Michigan
InsuraCorp's common stock trades under the symbol "FMMH."
DATASOURCE: Fremont Michigan InsuraCorp, Inc. CONTACT: Kevin
Kaastra, Fremont Michigan InsuraCorp, Inc.,+1-231-924-0300
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