CHICAGO–(BUSINESS WIRE)–Feb. 1, 2006–Unitrin, Inc. (NYSE:UTR) announced today that its Board of Directors has declared a quarterly dividend of $0.44 per share payable on February 24, 2006 to its shareholders of record as of February 13, 2006. This represents an increase of $0.015 over the prior quarterly dividend of $0.425 per share, or an increase of approximately 3.5%.
As described in its 10-K Annual Report filed today, Unitrin also noted that it repurchased a total of 1.0 million shares of its common stock in 2005 and has approximately 2.5 million shares remaining under a previous repurchase authorization by its Board of Directors.
Unitrin is a $3 billion financial services company focused on creating shareholder value by providing a diverse array of insurance and consumer finance products and services for individuals, families and small businesses.
Among the brands in Unitrin’s Property and Casualty Insurance business are Unitrin Kemper Auto & Home, Unitrin Specialty and Unitrin Business Insurance, which sell personal and commercial insurance through a network of independent agents, and Unitrin Direct, which sells auto insurance directly to consumers. Unitrin’s Life and Health businesses bring a high-level of personalized service to their customers. Unitrin’s consumer finance subsidiary, Fireside Bank, specializes in automobile loans for the purchase of pre-owned vehicles. Additional information about Unitrin is available by visiting its website (www.unitrin.com).
CONTACT: Unitrin, Inc.
Edward J. Konar, 312-661-4930
SOURCE: Unitrin, Inc.