This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Baldwin & Lyons Announces Extra Dividend

INDIANAPOLIS, Dec. 10, 2010 (GLOBE NEWSWIRE) -- Baldwin & Lyons, Inc. (Nasdaq:BWINA), (Nasdaq:BWINB) announced that at a meeting on December 10, 2010, the Board of Directors declared an extra cash dividend of $1.00 per share to the holders of  the Company's Class A and Class B Common Stock. The extra dividend will be payable December 30, 2010 to shareholders of record on December 20, 2010.

"We are pleased to announce this distribution to shareholders," said Baldwin & Lyons, Inc. Executive Chairman Gary Miller.  "This dividend continues the company's policy of providing meaningful cash dividends to shareholders as the company's overall returns and capital management policy allows."

Inclusive of this extra dividend, since January 1, 2004 Baldwin & Lyons, Inc. has returned $11.45 per share in cash to its shareholders.

The subject of dividends will be addressed at each future board meeting with consideration of an appropriate capital management strategy including the company's earnings, returns on investments and its future capital needs in support of its business.

CONTACT:  Baldwin & Lyons, Inc.
          Press Contact: 
          G. Patrick Corydon
          (317) 452-7500
          corydon@baldwinandlyons.com

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs