42 Years of Dividend Increases
11.8% compound growth in paid dividends 1991-2001
- 65½ cents quarterly dividend paid 9 mos. 2002 - up 7.4%
- 27 stock dividends or splits since 1957
100-share investment in 1950 ($4,000) now 194,667 shares
- $6.9 million at $35.58 per share (9/30/02)
- without cash dividend reinvestment
Strategic plan leads to long-term shareholder value
- consistent growth and profitability provide stability for agents, policyholders, shareholders