#Canada #Toronto #dividend increase #Financial Stability #Foresters Financial

Foresters Financial: A Commitment to Members

On May 1, 2025, Foresters Financial, part of The Independent Order of Foresters, proudly announced an increase in its dividend interest rate from 5.90% to 6.00% for eligible certificate holders in the United States. This move represents not only a boost for its members but also a testament to the organization’s solid financial foundation and performance over the past year.

Strong Portfolio Performance

The increase in dividends comes as Foresters Financial continues to prove its prowess in maintaining a well-diversified and high-performing portfolio. The organization’s commitment to implementing a competitive financial strategy has resulted in sustainable returns that secure long-term value for its members. Alvin Sharma, Global Chief Financial Officer, stated, "This increase in the dividend interest rate demonstrates our strong commitment to our members and highlights our financial position."

The boost in dividends is underlined by Foresters' confident performance and the accolade of an 'A' (Excellent) rating from A.M. Best, a recognition sustained for an impressive 24 consecutive years. This consistent rating reflects the organization’s ability to meet its financial obligations and reassures members of its stability and reliability.

A Legacy of Trust

With over 150 years in service, Foresters Financial has a longstanding mission to help families secure their financial futures. However, their mission transcends mere financial stability. As a purpose-driven organization, Foresters also empowers its members to lead healthier lives, support their communities, and actively engage in causes close to their hearts.

In Canada, the U.S., and the UK, Foresters Financial offers a range of life insurance policies alongside savings solutions. This diversification enables members to choose benefits that align with their specific needs and goals. The organization has also focused on enhancing community involvement through initiatives like Foresters Care™ grants that strengthen local connections, and Competitive Scholarships that support the leaders of tomorrow.

Building Sustainable Communities

Sustainability and social responsibility have become central tenets of Foresters Financial’s operations. Their commitment to these values reflects in their ongoing efforts to create long-lasting benefits for members and communities alike. The organization’s work is not only directed towards financial benefits but also encompasses meaningful actions that inspire members to contribute positively to society.

From educational scholarships to environmental initiatives, Foresters Financial embodies the spirit of community building. They envision a world where goodness thrives, and their systemic approach to sustainability places them at the forefront of socially responsible organizations.

By investing in their members' aspirations and creating compelling community programs, Foresters Financial exemplifies the idea that financial security is coupled with living one’s purpose. This philosophy encourages new generations to engage in giving back, thereby enhancing the collective good.

Conclusion

In a financial landscape that is often unpredictable, the recent increase in dividends by Foresters Financial sends a strong signal of stability and commitment to its members. As they continue to uphold their legacy of financial strength and community empowerment, the Independent Order of Foresters stands as a trusted partner in navigating the path towards a secure future. Members can take pride in their association with an institution that not only prioritizes financial returns but also fosters community wellbeing and long-term sustainability.