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Safeco Posts Dividend Increase

The Board of Directors of Safeco announced an increase to the company's quarterly dividend. Mike McGavick, Safeco chairman and chief executive officer, said it represents...
August 4, 2004

The Board of Directors of Safeco announced an increase to the company's quarterly dividend. Mike McGavick, Safeco chairman and chief executive officer, said it represents a 19 percent increase per share over the previous quarterly dividend. The company, based in Seattle, sells insurance to drivers, homeowners, and small- and medium-sized businesses through a national network of independent agents and brokers.

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