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$50 million in dividend checks to Colorado businesses this month

March 24, 2021
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For the sixth year in a row, Pinnacol is distributing general dividend checks to employers in every county across the state.

With a $50 million dividend, the average check per customer is $949, and 95 percent of our policyholders qualify for a check. That’s almost 53,000 Colorado employers.

“During these challenging economic times, we’re proud to return money to Colorado businesses,” said Phil Kalin, Pinnacol president and CEO. “We’ve distributed $320 million in general dividends for six consecutive years, which equals approximately 10 percent of premium. We’ve also decreased premium rates, totaling a cumulative 32 percent in decreases since 2016.”

Pinnacol’s general dividend is possible because we treat our customers as our owners, making them eligible for an annual dividend based on our financial performance. It’s another unique benefit of choosing Pinnacol to cover your business.

For more information, visit our General Dividend page.

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