Old Republic Declares Regular First Quarter Cash Dividend Of 21.00 Cents Per Share
Old Republic Declares Regular First Quarter Cash Dividend Of 21.00 Cents Per Share |
[26-February-2020] |
CHICAGO, Feb. 26, 2020 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) has declared a regular quarterly cash dividend of 21.00 cents per common share. This dividend is payable March 16, 2020 to shareholders of record on March 9, 2020. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 84 cents per share compared to 80 cents paid in 2019. About Old Republic The nature of Old Republic's business requires that it be managed for the long run, and its cash dividend policy reflects that long-term orientation. The current annualized dividend rate of $0.84 per share marks the 39th consecutive year that Old Republic has boosted this rate, and 2020 becomes the 79th year of uninterrupted regular cash dividend payments. Here's a summary of recent years' total book and market returns, which includes the addition and reinvestment of cash dividend payments, in comparison with the financial performance of three selected indices similarly developed.
According to the most recent edition of Mergent's Dividend Achievers, Old Republic is listed in 62nd place among just 111 qualifying publicly held companies, out of thousands considered, that have posted at least 25 consecutive years of annual dividend growth.
View original content:http://www.prnewswire.com/news-releases/old-republic-declares-regular-first-quarter-cash-dividend-of-21-00-cents-per-share-301011938.html SOURCE Old Republic International Corporation | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Company Codes: NYSE:ORI |
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