LOS ANGELES, Feb. 6 /PRNewswire-FirstCall/ -- Mercury General Corporation
(NYSE: MCY) announced that its Board of Directors, on February 3, 2006,
declared a first quarter dividend of $0.48, an annual rate of $1.92
representing an 11.6% increase over the rate paid in 2005. The dividend will
be paid on March 30, 2006 to shareholders of record on March 15, 2006.
Since dividends were instituted in the first quarter of 1986, Mercury
General's dividend has increased at least once each year with the overall
compound rate of increase over twenty years averaging approximately 20%.
As previously announced, the Company will host an investor conference call
and webcast on February 13, 2006 to review the Company's results of operations
for the fourth quarter and twelve-month period ended December 31, 2005. All
interested investors will be able to access the conference call at
(877) 807-1888 (USA), (706) 679-3827 (International) or the webcast by
visiting http://www.mercuryinsurance.com. A replay of the call will be
available beginning at 1:30 P.M. Pacific Time and running through
February 20, 2006. The replay telephone numbers are (800) 642-1687 (USA) or
(706) 645-9291 (International). The conference ID# is 4437368. The replay
will also be available on our website shortly following the call.
Mercury General Corporation and its subsidiaries are a multiple line
insurance organization offering predominantly personal automobile and
homeowners insurance through a network of independent producers in many
states. For more information, visit our website at
http://www.mercuryinsurance.com.
SOURCE Mercury General Corporation
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Related links:
http://www.mercuryinsurance.com
CONTACT:
Theodore Stalick, VP/CFO of Mercury General
Corporation, +1-323-937-1060
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