State Farm Auto Policyholders to Get Dividends

By Bloomberg, AP and Staff Reports

State Farm Mutual Automobile Insurance Co. announced Thursday that its policyholders in Oklahoma will receive dividends totaling $21.4 million.

State Farm vehicle policyholders in 46 states, the District of Columbia and the Canadian province of New Brunswick will receive a total of $1.25 billion in the company's latest policyholder dividend declaration, approved by the State Farm Mutual board of directors.

Oklahoma policyholders will receive 12.5 percent of their semi- annual premium, the company said. Although the amounts will vary significantly, the average dividend per vehicle in Oklahoma is $38.

Dividend payments will begin in early April and continue throughout the year, State Farm aid. Policyholders can expect to receive their dividend near the time of their policy renewal.

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