WILMINGTON, Del.–(BUSINESS WIRE)–Delphi Financial Group, Inc. (NYSE: DFG) announced today that its Board of Directors declared a cash dividend of $0.12 per share on the Company’s common stock for the second quarter of 2011, a 9% increase from its previous dividend of $0.11 per share. Such dividend will be payable on June 8, 2011 to shareholders of record at the close of business on May 25, 2011.
Robert Rosenkranz, Chairman and Chief Executive Officer, said, “This dividend increase reflects our confidence in Delphi’s earnings outlook and our commitment to using our strong capital position to deliver value for shareholders.”
Source: BusinessWire