Does IGIC Pay a Special Dividend?
An engineer wearing protective equipment, inspecting a large construction project.
International General Insurance Holdings Ltd. (NASDAQ:IGIC) is a specialty insurance provider that offers coverage for both long-tail and short-tail risks, along with reinsurance services. By focusing on niche and complex markets with limited competition, IGI is able to maintain a strong position in underwriting. The company follows a careful and disciplined risk selection strategy, which has consistently led to performance that exceeds industry standards. Its combined ratio has remained well under 100%, supporting sustained profitability over the long term.
In March, International General Insurance Holdings Ltd. (NASDAQ:IGIC) declared a special dividend of $0.025 per share, in addition to the company's regular dividend. On May 15, the company declared a 100% hike in its quarterly dividend to $0.05 per share. It remained committed to its shareholder obligation, returning $43.5 million to investors through regular and supplemental dividends in the first quarter of 2025.
International General Insurance Holdings Ltd. (NASDAQ:IGIC) has a dividend yield of 0.83%, as recorded on July 23.
While we acknowledge the potential of IGIC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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