STAMFORD, Conn., May 16, 2018 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) today reported the declaration of its semi-annual cash dividend of $0.15 per share of common stock, payable to stockholders of record on May 29, 2018, with a payment date of June 18, 2018. 

About The IHC Group

Independence Holding Company (NYSE:IHC), formed in 1980,  is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries.  The IHC Group owns three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company), and IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through general agents, telebrokerage, advisor centers, private label arrangements, and through the following brands: www.HealtheDeals.com; Health eDeals Advisors; Aspira A Mas; www.PetPartners.com; and www.PetPlace.com.  IHC creates value for insurance producers, carriers and consumers (both individuals and small businesses) through a suite of proprietary tools and products, all of which are underwritten by IHC’s carriers or placed with highly rated insurance companies.