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HAMILTON, Bermuda - International General Insurance Holdings Ltd. (NASDAQ:IGIC) announced Thursday that its Board of Directors has declared an ordinary common share dividend of $0.05 per share for the second quarter of 2025. The company maintains a healthy 4.4% dividend yield and has consistently paid dividends for 6 consecutive years, according to InvestingPro data.
The dividend covers the period from April 1 to June 30, 2025, and will be payable on September 16, 2025, to shareholders of record at the close of business on September 1, 2025. With a market capitalization of $1.04 billion and trading at an attractive P/E ratio of 8.6x, IGIC appears undervalued based on InvestingPro’s Fair Value analysis.
IGI, established in 2001, operates as an international specialty risks commercial insurer and reinsurer with a diverse portfolio including energy, property, marine, and various liability insurance lines.
The Bermuda-registered company maintains operations across multiple locations including Bermuda, London, Malta, Dubai, Amman, Oslo, Kuala Lumpur, and Casablanca.
The company currently holds an A (Excellent) rating with stable outlook from AM Best and an A- (Strong) rating with stable outlook from S&P Global Ratings, according to the press release statement.
In other recent news, International General Insurance Holdings Ltd. (IGI) has announced a significant change to its dividend policy, doubling its quarterly dividend. The company’s Board of Directors has approved an increase in the quarterly ordinary common share dividend from $0.025 to $0.05 per share. Shareholders of record at the close of business on June 2, 2025, will receive the first dividend at the new rate on June 18, 2025. This adjustment marks a 100% increase in the dividend rate. The decision indicates a positive shift in IGI’s capital allocation strategy.
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