CEDAR RAPIDS, Iowa, Aug. 16, 2024 (GLOBE NEWSWIRE) — Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) (“UFG”) declared a quarterly cash dividend of $0.16 per share of common stock, payable on September 13, 2024, to shareholders of record as of August 30, 2024.

UFG has a long history of quarterly dividend payments. The quarterly cash dividend announced today is the 226th consecutive quarterly dividend payment made since March 1968.

About UFG

UFG was founded in 1946 as United Fire & Casualty Company and, through its subsidiaries, is engaged in the property and casualty insurance business.

Through our subsidiaries, we are licensed to carry property and casualty insurance in 50 states and the District of Columbia and are represented by approximately 1,000 independent agencies. AM Best Company gives members of the United Fire & Casualty Group an A- (Excellent) rating. For more information about UFG, visit www.ufginsurance.com.

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Disclosure of forward-looking statements

This release may contain forward-looking statements regarding our business, expected performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements under the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements are not historical facts and involve risks and uncertainties that may cause actual results to differ from those anticipated and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about the Company, the industry in which we operate and beliefs and assumptions of management. Words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “continue,” “seek,” “estimate,” “goal,” “remain optimistic,” “aim,” “forecast,” “project,” “predict,” “should,” “could,” “may,” “will,” “potential,” “hope,” “may” and other words and terms of similar meaning or expression in connection with a discussion of future business operations, financial performance or financial condition are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially from those expressed in such forward-looking statements. For information about factors that could cause actual results and outcomes to differ materially from those expressed in the forward-looking statements, see Part I, Item 1A, “Risk Factors,” in our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (“SEC”) on February 29, 2024. The risks discussed in our Annual Report on Form 10-K and our other SEC filings are representative of the risks, uncertainties and assumptions that could cause actual results and outcomes to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof or when made. Except as required by the federal securities laws and the rules and regulations of the SEC, we disclaim any intention or obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.