Dividends
Historical Distribution
Historically, shareholders with positive equity received over $201,000,000 in dividends since the inception of National Contractors Insurance Ltd. As of February 28, 2023 dividends exceeding $31,000,000 have been declared during the current fiscal year. The ability to pay dividends arises in part from the continued strength of National Contractors Insurance Ltd. members’ safety and claims administration programs. Dividends ar epaid on a formula basis that takes individual loss experience into account, not on a per share basis.