May 1, 2024

Texas Mutual board announces $350 million policyholder dividend distribution

Texas Mutual announced today that its board of directors voted unanimously to approve a $350 million dividend distribution in 2024. This is the 26th year we’ve paid dividends to eligible policyholders, bringing the total amount delivered back to Texas businesses to over $4.4 billion since 1999. Our dividend program plays a fundamental role in our work toward building a stronger, safer Texas and we’re grateful to have policyholders who share in our mission.

Through our dividend program, we’re able to show our appreciation for Texas businesses who are helping their employees get home safely every day in addition to creating a positive impact on our state’s economy. This year, dividends will be distributed to an estimated 69,000 Texas business owners, representing approximately 90% of our policyholders. We’re proud to reward these deserving businesses for their dedication to workplace safety and loyalty to Texas Mutual.

Watch the video below to see how ownership pays at Texas Mutual.

While Texas Mutual has awarded dividends each year since 1999, they are based on performance and therefore are not guaranteed. Additionally, dividends must comply with Texas Department of Insurance regulations.

Agents can view dividend information online on June 10. Qualifying policyholders can view dividend information on June 21, which is when checks will go out in the mail. To learn more about Texas Mutual’s dividend program, visit texasmutual.com/ownershippays.