May 2, 2018
We are proud to announce that our board of directors has voted to approve a company-record $280 million dividend distribution in 2018. Nearly 75 percent of our policyholders will receive a check from Texas Mutual in recognition of their efforts to provide safe work environments for their employees.
This year marks the 20th year Texas Mutual has paid dividends to our policyholders, who are the owners of the company. This milestone has been made possible because of agents who partner with us and our policyholders who make safety a priority.
Our policyholders' exemplary safety practices contribute to the financial strength of Texas Mutual, allowing the company to pay dividends that, in turn, help drive the state's economy. This year's dividend payout brings the total to $2.5 billion back to Texas businesses. We are proud to support Texas businesses and their employees.
Dividends will be mailed to over 50,000 qualifying policyholders beginning late June. Agents will receive a list of qualifying clients in advance.
Learn more about our dividend program and find safety resources to help join our mission to build a stronger, safer Texas on texasmutual.com. We'll share more details about this year's payout in the coming weeks.