united fire group inc (UFCS:NASDAQ GS)
united fire group inc (UFCS) Key Developments
United Fire Group, Inc, Board Meeting, May 15, 2013.
United Fire Group Inc. declared a common stock quarterly cash dividend of $0.18 per share. This is a 20% increase from the prior quarterly dividend of $0.15 per share. This dividend will be payable June 14, 2013, for shareholders of record as of May 31, 2013.
United Fire Group Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $205,305,000 compared to $193,699,000 a year ago. Operating income was $21,152,000 compared to $17,368,000 a year ago. Income before income taxes was $29,850,000 compared to $24,876,000 a year ago. Net income was $22,393,000 or $0.88 per diluted share compared to $19,184,000 or $0.75 per diluted share a year ago. Return on equity was 12.0% compared to 10.8% a year ago. Book Value per share was $30.01 as on March 31, 2013.
United Fire Group, Inc, Annual General Meeting, May 15, 2013., at 10:00 Central Daylight. Location: the first floor conference room of building located at 109 Second Street SE. Agenda: To consider election of five class B directors; to consider ratification of the audit committee's appointment of independent registered public accounting firm; to consider shareholder advisory vote to approve the compensation of the company's named executive officers; and to vote upon such other matters as may properly come before the meeting or at any adjournment or postponement thereof.
United Fire Group, Inc announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 07, 2013
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Industry Analysis
UFCS
Industry Average
| Valuation | UFCS | Industry Range |
| Price/Earnings | 16.7x |
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| Price/Sales | 0.9x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 16.6x |
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| TEV/Sales | 0.7x |
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