NYSE:HIGInsurance
Did Hartford’s New Dividends and Book-Value Gains Just Shift Hartford Insurance Group's (HIG) Investment Narrative?
The Hartford’s board recently declared a US$0.60 per-share common dividend payable on April 2 and a US$375 Series G preferred dividend payable on May 15, reinforcing its ongoing role in property and casualty insurance, employee benefits, and mutual funds.
Amid analyst forecasts for softer near-term revenue, the combination of fresh dividends and faster book-value growth highlights management’s emphasis on capital return backed by strengthening assets.
Next, we’ll explore how this new...