Donegal Group Raises Quarterly Dividend 5.5% to $0.1925 for Class A Shares
Donegal Group Inc. (NASDAQ: DGICA), an insurance holding company operating in 21 states, increased its quarterly dividend on Class A common stock to $0.1925 per share, up from $0.1825. The Class B dividend rose 6.1% to $0.175 per share.
Donegal Group Inc. (NASDAQ: DGICA, DGICB), an insurance holding company whose subsidiaries offer property and casualty lines in 21 Mid-Atlantic, Midwestern, Southern and Southwestern states, declared a quarterly cash dividend of $0.1925 per share on its Class A common stock, representing a 5.5% increase from the previous $0.1825 per share. Read more dividend announcements.
The board also declared a dividend of $0.175 per share on the company's Class B common stock, a 6.1% increase from the prior quarterly rate. Both dividends will be paid May 15, 2026 to shareholders of record as of May 1, 2026.
The dividend increases mark continued shareholder returns from the Marietta, Pennsylvania-based insurer, which operates through subsidiaries and affiliates collectively known as the Donegal Insurance Group. The group carries an A.M. Best rating of A (Excellent).
| Dividend Details | Class A (DGICA) | Class B (DGICB) |
|---|---|---|
| Amount Per Share | $0.1925 | $0.175 |
| Previous Amount | $0.1825 | $0.165 |
| Increase | 5.5% | 6.1% |
| Record Date | May 1, 2026 | May 1, 2026 |
| Payment Date | May 15, 2026 | May 15, 2026 |
Both classes of Donegal Group common stock trade on the NASDAQ Global Select Market. The company's insurance subsidiaries, together with Donegal Mutual Insurance Company and its subsidiaries, conduct business as the Donegal Insurance Group.