NEW YORK, Nov. 3, 2010 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) today announced that its Board of Directors approved a fourteen percent increase in the common stock quarterly cash dividend, raising it from $0.07 to $0.08 per share of common stock. The dividend will be payable on January 18, 2011 to shareholders of record as of January 3, 2011.
"Today's announcement reflects our board's increasing confidence in AmTrust's business model and continued ability to deliver strong earnings," said Barry Zyskind, President and Chief Executive Officer of AmTrust. "This represents an increase in the quarterly dividend of over 33% from the fourth quarter of last year and is consistent with our strong commitment to delivering enhanced shareholder value."
About AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc., headquartered in New York City, is a multinational insurance holding company, which, through its insurance carriers, offers specialty property and casualty insurance products, including workers' compensation, commercial automobile and general liability; extended service and warranty coverage. For more information about AmTrust, visit , or call AmTrust toll-free at 866.203.3037.
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CONTACT: AmTrust Financial Services, Inc. IR@amtrustgroup.com