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State Auto Financial Announces Dividend Increase

19 August 1999

State Auto Financial Announces Dividend Increase

    COLUMBUS, Ohio--Aug. 19, 1999--The board of directors of State Auto Financial Corp. voted today to increase the quarterly cash dividend 10 percent to $0.0275 per share, payable Sept. 30, 1999, to shareholders of record at the close of business on Sept. 10, 1999.
    This marks STFC's eighth annual dividend increase and 30th consecutive cash dividend since the company's initial public offering of common stock on June 28, 1991.
    State Auto Financial Corp. is a regional property and casualty insurance holding company engaged primarily in writing personal and commercial automobile, homeowners, commercial multi-peril, workers' compensation and fire insurance. The company currently markets its products through more than 12,500 agents associated with approximately 2,200 agencies in 26 states. Products are marketed primarily in the Midwest and eastern United States, excluding New York, New Jersey and the New England states.