Investors Title Company Board Increases Quarterly Dividend
Investors Title Company announced today that the Company’s Board of Directors declared a cash dividend of $.40 per share to
shareholders of record on September 1, 2017, payable September 15, 2017, a 14.3% increase per share over the $.35 paid in the most
recent quarter.
“The decision to increase the cash dividend over the prior quarter reflects the Board’s and management’s confidence in the
Company’s strategy and ability to continue to generate sustainable cash flow,” said J. Allen Fine, Chairman of the Board of
Investors Title Company.
Investors Title Company is a publicly-held North Carolina company whose stock is traded on The NASDAQ Global Select Market.
Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also
provides services in connection with tax-deferred exchanges of like-kind property as well as investment management services to
individuals, companies, banks and trusts.
Certain statements contained herein may constitute forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such statements may include, among others, statements regarding future repurchases of our common
stock. These statements involve a number of risks and uncertainties that could cause actual results to differ materially from
anticipated and historical results. Such risks and uncertainties include, without limitation: the cyclical demand for title
insurance due to changes in the residential and commercial real estate markets; the occurrence of fraud, defalcation or misconduct;
variances between actual claims experience and underwriting and reserving assumptions, including the limited predictive power of
historical claims experience; declines in the performance of the Company’s investments; government regulation; changes in the
economy; the possible loss of agency relationships, or significant reduction in agent-originated business and other considerations
set forth under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, as
filed with the Securities and Exchange Commission, and in its subsequent Quarterly Reports on Form 10-Q.
Investors Title Company
L. Dawn Martin, 919-968-2200
View source version on businesswire.com: http://www.businesswire.com/news/home/20170816005807/en/