The Financial Corner: ABS Safety Group Secures 2% Dividend Payout

We are pleased to announce that PLM paid out a 2% dividend to the participating members of the Allied Building Stores (ABS) Safety Group Dividend Program.

The dividend payment was for the plan period of February 1, 2018 to January 31, 2019. The final calculation resulted with a group loss ratio of 41.92%, earning the plan participants a 2% dividend.

ABS members enrolled in the Safety Group Dividend Program received their checks in May 2019. ABS is one of seven dividend programs PLM offers through different lumber associations and buying groups in the U.S. For more information on existing programs, visit https://www.plmins.com/dividend-programs/.

If you have any questions about PLM dividend programs, please contact Susan Cho at scho@plmins.com or at 267-825-9350.

PLM