May 3, 2021
Dividend payout to be distributed to over 57,000 Texas business owners
Texas Mutual announced today that its board of directors voted unanimously to approve a $330 million dividend distribution in 2021. We’re proud to be in a position to recognize our safety-conscious policyholders through our dividend program, especially after the challenges of 2020. As the state’s leading provider of workers’ comp, we’ve seen firsthand the impact the pandemic has had on businesses, which is why we’re grateful our policyholders have trusted us to continue protecting their business and their people.
The dividend payout will be distributed in June to over 57,000 Texas business owners, representing approximately 79% of Texas Mutual’s policyholders, in recognition of their efforts to provide safe work environments for their employees. This year marks the 23rd year Texas Mutual has paid dividends, bringing the total delivered back to Texas businesses to $3.4 billion since 1999. The dividend program allows Texas Mutual to share the company’s financial success with its policyholder owners who are committed to workplace safety and choose Texas Mutual year after year.
Watch the video to learn how ownership pays at Texas Mutual.
While Texas Mutual has awarded dividends each year since 1999, they are based on performance and therefore are not guaranteed. Additionally, dividends must comply with Texas Department of Insurance regulations.
Agents can view dividend information online on June 7 and checks will be mailed to qualifying policyholders on June 25. To learn more about Texas Mutual’s one-of-a-kind dividend program, visit texasmutual.com/ownershippays.