Assurant declares quarterly dividend of $0.80 per share

ATLANTA - Assurant, Inc. (NYSE:AIZ), a $10.7 billion market cap company, announced Thursday that its Board of Directors has declared a quarterly dividend of $0.80 per share of common stock, representing a 1.5% yield. According to InvestingPro, the company has raised its dividend for 21 consecutive years. The dividend will be paid on September 29, 2025, to stockholders of record as of the close of business on September 2, 2025.

The global protection company, which specializes in safeguarding connected devices, homes, and automobiles, noted that future dividend declarations will be made at the discretion of its Board of Directors. These decisions will depend on factors including the company’s earnings, financial condition, capital requirements, future prospects, and regulatory restrictions. With annual revenue of $12.3 billion and an overall "GOOD" Financial Health score from InvestingPro, which offers comprehensive analysis through its Pro Research Reports covering 1,400+ top stocks, Assurant appears well-positioned to maintain its strong dividend track record.

Assurant operates in 21 countries and partners with major brands to provide protection services. The company is listed among the Fortune 500 companies.

The dividend announcement was made in a press release issued by the company.

In other recent news, Assurant reported a strong second quarter for 2025, significantly surpassing earnings expectations. The company posted earnings per share (EPS) of $5.56, exceeding the forecast of $4.50, resulting in a 23.56% surprise. Revenue also surpassed expectations, reaching $3.16 billion compared to the projected $3.12 billion. In terms of analyst activity, Keefe, Bruyette & Woods raised Assurant’s stock price target from $225 to $235, maintaining an Outperform rating following the earnings beat. BMO Capital also initiated coverage with an Outperform rating and a $238 price target, citing potential growth drivers, including market share gains in mobile protection services. Additionally, Assurant announced leadership changes, with Mike Campbell appointed as Executive Vice President and Chief Operating Officer. Campbell, who has been with Assurant since 2006, previously served as President of Global Housing. These developments reflect a period of strategic adjustments and positive financial performance for Assurant.

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