NEW YORK, Feb. 16, 2010 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) today announced that its Board of Directors approved a seventeen percent increase in the common stock quarterly cash dividend, raising it from $0.06 to $0.07 per share of common stock. The dividend will be payable on April 15, 2010 to shareholders of record as of April 1, 2010.
"Today's announcement reflects our board's confidence in AmTrust's business model and ability to consistently grow earnings," said Barry Zyskind, chief executive officer of AmTrust. This increase is consistent with our commitment to intelligent growth and sound underwriting, and we are pleased to ensure that our shareholders benefit from the company's continued success."
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 www.amtrustgroup.com, or call AmTrust toll-free at 866.203.3037.
The AmTrust Financial Services, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3280
AFSI-F