MICA Board of Trustees Declares Dividend for 2017
As we begin our 42nd year of operation, the MICA Board of Trustees has declared a member dividend of $25 million, representing approximately 26% of an annual premium for those with MICA for 36 consecutive months as of December 31, 2017. It will be distributed to qualifying MICA members in February.
Over the last thirteen years, as beneficial owners, MICA members will have received, upon their receipt of the most recently declared dividend, their proportionate share of over $400 million in dividends.
The dividend declared for the 2017 policy year reflects the Company’s financial performance. Past performance does not guarantee future dividends.