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United Fire Group raises dividend, expands buyback program

United Fire Group raises dividend and expands share buyback program. The company has paid dividends for 54 consecutive years.

William Thomas
ByWilliam Thomas- Senior Editor
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United Fire Group Inc. declared a quarterly cash dividend of $0.20 per share, payable on June 19, 2026, to shareholders of record as of June 5, 2026.

The dividend continues a 54-year streak. The stock currently yields 1.66% and has returned 73.6% over the past year.

The board extended the share repurchase program to August 31, 2028, and increased authorized shares for repurchase from 1 million to 2 million.

At the annual meeting, five Class A directors were elected for three-year terms.

Shareholders ratified Ernst & Young LLP as independent auditor for 2026 and approved executive compensation on an advisory basis.

The 2021 Non-Employee Director Stock Plan was amended to increase shares and extend the plan to 2034.

United Fire Group, founded in 1946, is licensed in 50 states and represented by approximately 850 independent agencies.

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