The Pennsylvania Mutual Life Insurance Company announced its plans to pay participating policy holders a total of $58 million in dividends for 2017. This represents an increase over last year of21%.
Dividend Scale for 2017
The dividend scale (also known as the dividend interest rate) will remain at 6.34%. This now marks the 9th consecutive year that the dividend scale remains constant.
You can read the press release from Penn Mutual here.
