Wednesday, February 8, 2023
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HomeNewsBusinessQuarterly Dividend Announced by Standard Premium Finance Holdings, Inc

Quarterly Dividend Announced by Standard Premium Finance Holdings, Inc

Standard Premium Finance Holdings, Inc. (“Standard”) (OTCQX:SPFX) announced a quarterly cash dividend of $0.0175 per preferred share on January 9, 2023. The dividend is due to preferred shareholders of record on December 31, 2022 and will be paid on January 20, 2023.

The quarterly dividend results in an annualised yield of 7.00% based on the initial share price of Standard’s preferred stock of $10.00.

With regards to Standard Premium Finance Holdings, Inc.

The insurance premium financing company Standard Premium Finance Holdings, Inc. offers both businesses and individuals solutions for financing insurance premiums. Standard Premium Finance is in the greatest position to advise and help our valued partner agents and client base on every element of their insurance premium financing because of our combined experience of more than 200 years in the insurance premium finance industry. With loans ranging from $500 to over $500,000, Standard is a market-leading premium finance company with annual loan originations of about $120 million.

Patrick Huston
Patrick Huston
As a senior editor, Patrick is a professional who is in charge of putting out business news. As a senior editor, Patrick is likely to be in charge of the duties of junior editors and writers, make sure the content is correct and high-quality, and work with other departments to make sure the business news is published on time. Patrick knows a lot about business and the latest market trends. He uses this knowledge to choose and edit stories that are both interesting and useful to readers. He also works with reporters and analysts to come up with insightful pieces that help readers keep up with the latest business news. Patrick is a very important part of keeping the public informed and interested in important business issues. He is passionate about journalism and strives for excellence.
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