OREANDA-NEWS. State National Companies, Inc. (NASDAQ:SNC) today announced that its Board of Directors has declared a regular cash dividend of $0.06 per share payable on its outstanding common stock. The dividend will be paid on July 20, 2016 to all shareholders of record on July 5, 2016.

State National Companies, Inc. (NASDAQ:SNC) is a leading specialty provider of property and casualty insurance operating in two niche markets across the United States.  In its Program Services segment, the Company leverages its “A” (Excellent) A.M. Best rating, expansive licenses and reputation to provide access to the U.S. property and casualty insurance market in exchange for ceding fees.  In its Lender Services segment, the company specializes in providing collateral protection insurance, which insures personal automobiles and other vehicles held as collateral for loans made by credit unions, banks and specialty finance companies.