STAMFORD, Conn., Oct. 16, 2017 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE:IHC) today announced that the Board of Directors has voted to increase the cash dividend by 42% to $.17 per share annually, effective with the next semi-annual dividend payable in January 2018. This is the third recent increase. In January 2017, the semi-annual dividend paid to the stockholders reflected a 33% increase from $.09 to $.12 annually. In July 2015, the semi-annual dividend paid to the stockholders reflected a 29% increase from $.07 to $.09 annually.