U.S. Markets closed

Ex-Dividend Alert: Baldwin & Lyons Has a Dividend Yield of 4.83%; Will Trade Ex-Dividend on May 21, 2018

LONDON, UK / ACCESSWIRE / May 18, 2018 / Active-Investors has a free review on Baldwin & Lyons, Inc. (NASDAQ: BWINB) (NASDAQ: BWINA) following the Company's announcement that it will begin trading ex-dividend on May 21, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date (excluding weekend) that is by latest at the end of the trading session on May 18, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on BWINB:

www.active-investors.com/registration-sg/?symbol=BWINB

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On May 08, 2018, Baldwin & Lyons announced that at its regular quarterly meeting, its Board of Directors declared a regular quarterly dividend of $0.28 per share on the Company's Class A and Class B Common Stock. The dividend per share will be payable June 05, 2018, to shareholders of record on May 22, 2018.

Baldwin & Lyons' indicated dividend represents a yield of 4.83%, which is substantially higher than the average dividend yield of 3.18% for the Financial sector. The Company has raised dividend for two consecutive years.

Dividend Insights

Baldwin & Lyons has a dividend payout ratio of 89.6%, which denotes that the Company spends approximately $0.90 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Baldwin & Lyons is forecasted to report earnings of $1.15 per share for the next year, which is slightly higher than the Company's annualized dividend of $1.12 per share.

As of March 31, 2018, Baldwin & Lyons' cash and cash equivalents totaled $79.21 million compared to $64.68 million as on December 31, 2017. For the three months ended March 31, 2018, the Company's net cash provided by operating activities totaled $11.18 million compared to net cash use of $3.60 million in the year ago same period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for Baldwin & Lyons

On May 14, 2018, Baldwin & Lyons announced the appointment of David W. Michelson to its Board of Directors, effective immediately. Mr. Michelson will be a member of the Company's Audit Committee.

Mr. David is a 26-year veteran of National Interstate Corporation, where he was most recently a senior advisor for the company from May 2016 through May 2018. He served as President and Chief Executive Officer of National Interstate from 2008 until 2016 and was also a Director of the Company from 2009 until 2016. Prior to his time at National Interstate, David worked at Liberty National Fire Insurance Company, Reliance Insurance Company, and Progressive Corporation.

About Baldwin & Lyons, Inc.

Founded in 1930, Baldwin & Lyons, is a holding Company for specialty property-casualty insurance subsidiaries. Through its subsidiaries, the company provides liability and workers compensation coverage for trucking and public transportation fleets as well as coverage for trucking industry independent contractors. In addition, the Company offers workers' compensation coverage for a variety of operations outside the transportation industry. Baldwin & Lyons is headquartered in Carmel, Indiana.

Stock Performance Snapshot

May 17, 2018 - At Thursday's closing bell, Baldwin & Lyons' stock slightly rose 0.86%, ending the trading session at $23.45.

Volume traded for the day: 16.07 thousand shares.

Stock performance in the last month – up 0.21%; previous three-month period – up 0.86%; and past six-month period – up 2.18%

After yesterday's close, Baldwin & Lyons' market cap was at $344.25 million.

Price to Earnings (P/E) ratio was at 156.33.

The stock has a dividend yield of 4.78%.

The stock is part of the Financial sector, categorized under the Property & Casualty Insurance industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors