National Interstate Corp. (NATL) said Thursday that its Board of Directors approved an $0.11 per share dividend.
The first quarterly cash dividend for 2013 will be payable on March 22 to shareholders of record of the company's common stock on March 8.The $0.11 per share dividend represents a 10% increase over quarterly dividend payments made in 2012.
The company has increased its dividend each year since its Initial Public Offering in 2005.
The company said its Board of Directors plans to continue to review the company's dividend policy at future first quarter meetings, with the anticipation of considering annual dividend increases in accordance with its dividend policy.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.