04:55 PM EDT, 10/21/2024 (MT Newswires) -- Selective Insurance Group ( SIGI ) reported a Q3 operating income late Monday of $1.40 per share, down from $1.51 a year earlier.

Analysts polled by Capital IQ expected $1.64.

Revenue for the quarter ended Sept. 30 was $1.24 billion, up from $1.08 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.24 billion.

The company increased its quarterly dividend 9% to $0.38 per share, payable Dec. 2 to shareholders of record on Nov. 15.