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Tag Archives: Dividends

24May 2021
State Fund

Dividend Checks Will Begin Rolling Out in July

EAP Dividend State Fund’s Board of Directors declared a 2020 Policy Year dividend of 10%.  The payout will be calculated based upon a policyholder’s Estimated Annual Premium (EAP). Eligibility for the 2020 Policy Year dividend requires that the policyholder meet … Read more »

28Oct 2020
State Fund

State Fund Announces $75 Million Mid-Year Dividend for 2020

As we continue to navigate through these uncertain times, we are happy to be able to assist our policyholders in any way we can. On August 27, our Board of Directors declared a $75 million dividend for qualifying policyholders with … Read more »

24Apr 2020
State Fund

State Fund CFO Discusses Dividends and Withstanding Crisis

Pete Guastamachio was appointed State Fund’s Chief Financial Officer in September 2014. He brings more than 35 years of high-level experience from the financial sector, and joined State Fund in February 2009, as our first Chief Investment Officer. We met … Read more »

07Oct 2019
State Fund

State Fund Announces $105 Million Mid-Year Dividend

Our Board of Directors approved a 15 percent dividend for our qualifying policyholders with policies that took effect between January 1, 2019, and August 19, 2019. This dividend equals approximately $105 million and will average about $1,400 per employer. While we … Read more »