PASADENA, Calif., Oct 27, 2010 (BUSINESS WIRE) -- PAULA Financial /quotes/comstock/11i!pfco (PFCO 0.54, +0.14, +35.00%) today announced that the Board of Directors has declared a cash dividend in the amount of $0.53 per common share. The distribution will be paid to holders of record as of November 10, 2010 and shall be paid on November 24, 2010.