{"id":54657,"date":"2023-03-08T23:07:46","date_gmt":"2023-03-08T22:07:46","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/proassurance-declares-quarterly-dividend\/"},"modified":"2023-03-08T23:07:46","modified_gmt":"2023-03-08T22:07:46","slug":"proassurance-declares-quarterly-dividend","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/proassurance-declares-quarterly-dividend\/","title":{"rendered":"ProAssurance Declares Quarterly Dividend"},"content":{"rendered":"<div>\n<p>BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Today the board of directors of ProAssurance Corporation (NYSE:<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.proassurance.com%2F&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=PRA&amp;index=1&amp;md5=7e62707de7d16d497b4fe5bc41d8d006\" rel=\"nofollow noopener\" shape=\"rect\">PRA<\/a>) declared a cash dividend of $0.05 per common share, payable on April 13, 2023 to shareholders of record as of March 29, 2023.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20230308005666\/en\/1537241\/5\/PRA_Logo_High-Res.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230308005666\/en\/1537241\/21\/PRA_Logo_High-Res.jpg\"><\/a><\/p>\n<p>\nOur dividend policy anticipates a total annual dividend of $0.20 per share paid in equal quarterly installments. However, any decision to pay future cash dividends will be subject to the Board\u2019s final determination after a comprehensive review of the company\u2019s financial performance, future expectations, and other factors deemed relevant by the Board.\n<\/p>\n<p>\n<b>About ProAssurance<\/b>\n<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.proassurance.com%2F&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=ProAssurance+Corporation&amp;index=2&amp;md5=9fd3b585a8d80e583bba0d3b5679742a\" rel=\"nofollow noopener\" shape=\"rect\">ProAssurance Corporation<\/a> is an industry-leading specialty insurer with extensive expertise in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers\u2019 compensation insurance. ProAssurance Group is rated <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.proassurance.com%2FCreditRatings&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=%26%238220%3BA%26%238221%3B+%28Excellent%29+by+AM+Best&amp;index=3&amp;md5=58f3081b50c2b67856e6335e16ecf959\" rel=\"nofollow noopener\" shape=\"rect\">\u201cA\u201d (Excellent) by AM Best<\/a>; NORCAL Group is rated <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.proassurance.com%2FCreditRatings&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=%26%238220%3BA-%26%238221%3B+%28Excellent%29+by+AM+Best&amp;index=4&amp;md5=9088912cbdb5d61a9a843f77a1ee087f\" rel=\"nofollow noopener\" shape=\"rect\">\u201cA-\u201d (Excellent) by AM Best<\/a>. ProAssurance and its operating subsidiaries are rated <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.proassurance.com%2FCreditRatings&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=%26%238220%3BA-%26%238221%3B+%28Strong%29+by+Fitch+Ratings&amp;index=5&amp;md5=61a8b58a8d7ae512c94ab26fdbe8bce4\" rel=\"nofollow noopener\" shape=\"rect\">\u201cA-\u201d (Strong) by Fitch Ratings<\/a>.\n<\/p>\n<p>\nFor the latest on ProAssurance and its industry-leading suite of products and services, cutting-edge risk management and practice enhancement programs, follow @ProAssurance on <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FProAssurance&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=Twitter&amp;index=6&amp;md5=27eb2ba88fce972e3a650316ff282d2b\" rel=\"nofollow noopener\" shape=\"rect\">Twitter<\/a> or <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fproassurance%2F&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=7&amp;md5=274b4baec05aa9d3bb207bae515d091d\" rel=\"nofollow noopener\" shape=\"rect\">LinkedIn<\/a>. ProAssurance\u2019s <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUC91hMueZTZ1Z7HdA1wtDeRA&amp;esheet=53358375&amp;newsitemid=20230308005666&amp;lan=en-US&amp;anchor=YouTube&amp;index=8&amp;md5=8c2e7e68933279abbbb8e422dae9a205\" rel=\"nofollow noopener\" shape=\"rect\">YouTube<\/a> channel regularly presents thought provoking, insightful videos that communicate effective practice management, patient safety and risk management strategies.\n<\/p>\n<p>\n<b>Caution Regarding Forward-Looking Statements<\/b>\n<\/p>\n<p>\nAny statements in this news release that are not historical facts are specifically identified as forward-looking statements. These statements are based upon our estimates and anticipation of future events and are subject to significant risks, assumptions and uncertainties that could cause actual results to differ materially from the expected results described in the forward-looking statements. Forward-looking statements are identified by words such as, but not limited to, \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201chope,\u201d \u201chopeful,\u201d \u201cintend,\u201d \u201clikely,\u201d \u201cmay,\u201d \u201coptimistic,\u201d \u201cpossible,\u201d \u201cpotential,\u201d \u201cpreliminary,\u201d \u201cproject,\u201d \u201cshould,\u201d \u201cwill,\u201d and other analogous expressions.\n<\/p>\n<p>\nAlthough it is not possible to identify all of these risks and factors, they include, among others, the following: inadequate loss reserves to cover the Company&#8217;s actual losses; inherent uncertainty of models resulting in actual losses that are materially different than the Company&#8217;s estimates; adverse economic factors; a decline in the Company&#8217;s financial strength rating; loss of one or more key executives; loss of a group of agents or brokers that generate significant portions of the Company&#8217;s business; failure of any of the loss limitations or exclusions the Company employs, or change in other claims or coverage issues; adverse performance of the Company&#8217;s investment portfolio; adverse market conditions that affect its excess and surplus lines insurance operations; and other risks described in the Company&#8217;s filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this release and the Company does not undertake and specifically declines any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nJason Gingerich, VP, Investor Relations<br \/>\n<br \/>800-282-6242 \u2022 512-879-5101\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Today the board of directors of ProAssurance Corporation (NYSE:PRA) declared a cash dividend of $0.05 per common share, payable on April 13, 2023 to shareholders of record as of March 29, 2023. Our dividend policy anticipates a total annual dividend of $0.20 per share paid in equal quarterly installments. However, any decision to &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/proassurance-declares-quarterly-dividend\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-54657","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ProAssurance Declares Quarterly Dividend - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/proassurance-declares-quarterly-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ProAssurance Declares Quarterly Dividend - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"BIRMINGHAM, Ala.&#8211;(BUSINESS WIRE)&#8211;Today the board of directors of ProAssurance Corporation (NYSE:PRA) declared a cash dividend of $0.05 per common share, payable on April 13, 2023 to shareholders of record as of March 29, 2023. 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