American Coastal climbs after announcing special cash dividend

American Coastal Insurance

01/12/2025 21:55

** American Coastal Insurance's ACIC.O shares rise 3.6% to $12.25 in extended trading

** ACIC announces special cash dividend of $0.75 per share, payable to shareholders of record on January 2, 2026

** Meanwhile, ACIC will host a executive fireside chat on January 14, offering an overview of the company's initiatives, operational strategies, and financial outlook

** Lone analyst covering the stock rates it "buy" and has a $14 PT - data compiled by LSEG

** As of last close, ACIC stock down 8.7% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))