Independence Holding Company Announces 33% Increase in Cash Dividend
November 29 2016 - 3:48PM
Independence Holding Company (NYSE:IHC) today announced a 33%
increase in its annual dividend to stockholders to $.12 per
share. Accordingly, IHC declared a semi-annual cash dividend
of $0.06 per share of common stock, payable to stockholders of
record on January 2, 2017, with a payment date of January 17,
2017.
About The IHC Group
Independence Holding Company (NYSE:IHC) is a
holding company that is principally engaged in underwriting,
administering and/or distributing group and individual specialty
benefit products, including disability, supplemental health, pet,
and group life insurance through its subsidiaries since 1980.
The IHC Group owns three insurance companies (Standard Security
Life Insurance Company of New York, Madison National Life Insurance
Company, Inc. and Independence American Insurance Company), a
minority interest in Ebix Health Administration Exchange, Inc., a
fully insured third party administrator, and IHC Specialty
Benefits, Inc., a technology-driven insurance sales and marketing
company that creates value for insurance producers, carriers and
consumers (both individuals and small businesses) through a suite
of proprietary tools and products (including ACA plans and small
group medical stop-loss). All products are placed with highly
rated carriers.
CONTACT: LOAN NISSER
(646) 509-2107
www.IHCGroup.com
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