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0 0.00502512562814064 0.00775617216517363 0.00775617216517363 0.00666375355036049 0.0257264583788507 0.0140102687349792 0.0140102687349792
Stock impact report

Investors Title Company Board Declares Special Cash Dividend and Regular Quarterly Cash Dividend

Investors Title Company (ITIC) 
US:NASDAQ Investor Relations: invtitle.com/investor-relations-overview
Company Research Source: Business Wire
CHAPEL HILL, N.C.--(BUSINESS WIRE)-- Investors Title Company (Nasdaq: ITIC) announced today that the Company’s Board of Directors declared a special cash dividend of $10.60 per share to shareholders of record on December 3, 2018, payable December 17, 2018. The special dividend will be funded through existing cash balances. The Board also declared a regular quarterly cash dividend of $.40 per share to shareholders of record December 3, 2018, payable on December 17, 2018. “The special dividend is a reflection of the Company’s recent results, strong financial position, and our confidence in the Company’s financial future. Returning capital to shareholders in this manner allows us to maintain our conservative capital structure and preserve the financial flexibility to grow our business, while allowing for ongoing dividend payments and opportunistic share repurchases,” said J. Allen Fine, Chairma Show less Read more
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