Texas Mutual Dividend checks coming early to support policyholders
We know that supporting our policyholders during this uncertain time is more important than ever, which is why our board of directors has voted to pay dividends two months early. Like many of you and your clients, we don’t know the economic impact that COVID-19 will have on our business, but we do know that we are in a good position to distribute this dividend in this critical time.
We’re proud to share that our teams are working hard to finalize this year’s individual dividend payout of $330 million to over 57,000 policyholders. This year marks the 22nd year that we are paying dividends to our policyholders, bringing the total to over $3.1 billion back to Texas businesses since 1999.
View dividends online on April 13, checks mailed April 20
On April 13, you will be able to log into texasmutual.com to view dividend information and amounts for your clients. We’ll send a reminder email when that information is available to view. Checks will be mailed April 20. Unfortunately, we won’t be able to offer hand-delivery to agents because of the stay-at-home order, but we encourage you to share the good news with your clients.
We are working diligently to deliver dividends to our policyholder owners ahead of schedule. We are on target to meet the dates communicated in this email, but appreciate your understanding if we need to make any adjustments.
Dividend questions?
We know that you may receive questions from your clients about dividends and we’re here to help you. In anticipation of the questions you may receive: At this time, we do not have direct deposit available. If your client needs us to reissue a check, they can call us at (800) 859-5995. You can view dividend amounts for qualifying policyholders on April 13. Policyholders can view dividend information in their accounts on April 20, which is when we will mail checks. View dividend FAQs for more information.
Thank you for trusting Texas Mutual to serve your clients. Learn more about our dividend program at texasmutual.com/ownershippays.
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