Press Releases April 16, 2026 10:00 AM

Donegal Group Inc. Announces Increase in Quarterly Dividend

Donegal Group Inc. raises quarterly dividends for both Class A and Class B common stock, signaling strong financial health.

By Maya Rios
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DGICA DGICB

Donegal Group Inc. announced an increase in its regular quarterly cash dividends by 5.5% for Class A common stock and 6.1% for Class B common stock, payable on May 15, 2026. This move reflects the company's solid financial performance and confidence in its sustained growth. Donegal Group operates in property and casualty insurance across multiple U.S. regions and holds a strong A.M. Best rating of A (Excellent).

Donegal Group Inc. Announces Increase in Quarterly Dividend
DGICA DGICB
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Key Points

  • Donegal Group Inc. declared a quarterly cash dividend increase to $0.1925 for Class A and $0.175 for Class B shares, effective May 15, 2026.
  • The dividend increases represent a 5.5% rise for Class A and 6.1% rise for Class B compared to previous rates.
  • Donegal Group Inc. operates in 21 U.S. states providing property and casualty insurance and maintains an A.M. Best rating of A (Excellent).

MARIETTA, Pa., April 16, 2026 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported today that its board of directors declared a regular quarterly cash dividend of $0.1925 per share of the Company’s Class A common stock and $0.175 per share of the Company’s Class B common stock. The dividends are payable on May 15, 2026 to stockholders of record as of the close of business on May 1, 2026.

These dividends represent percentage increases of 5.5% for the Company’s Class A common stock and 6.1% for the Company’s Class B common stock compared to the previous quarterly cash dividend rates.

About Donegal Group Inc.

Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates offer property and casualty lines of insurance in 21 Mid-Atlantic, Midwestern, Southern and Southwestern states. Donegal Mutual Insurance Company and its insurance subsidiaries conduct business together with the insurance subsidiaries of Donegal Group Inc. as the Donegal Insurance Group. The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively. The Company is focused on several primary strategies, including achieving sustained excellent financial performance, advancing its operational and digital capabilities, capitalizing on opportunities to grow profitably and providing superior experiences to its agents, customers and employees.

Investor Relations Contact

Jeremy Hellman, Vice President, The Equity Group Inc.
Phone: (212) 836-9626
E-mail: [email protected]


Risks

  • Dividend increases depend on sustained strong financial performance and could be reduced if company profitability declines, affecting shareholder returns.
  • The insurance industry is subject to regulatory changes and underwriting risks which may impact future earnings and dividend capacity.
  • Economic downturns or increased claims from natural disasters could impact Donegal Group's financial stability and its ability to maintain dividend growth.

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