Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

Penn Mutual Pays Dividend

X
Your article was successfully shared with the contacts you provided.

The Penn Mutual Life Insurance Company’s board of trustees has approved a $30.3 million dividend for 2010, the company announced.

The dividend to be distributed to holders of its life insurance policies is on the same scale as the company’s dividend for 2009, the company says.

Penn Mutual, Horsham, Penn., has never missed making a dividend payment to its policyholders through its 162-year history, notes Robert E. Chappell, the company’s chairman, president and chief executive officer.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.