Old Republic International Announces Its Quarterly Cash Dividend for 2024 with an 8.2% Increase

Old Republic International Announces Quarterly Cash Dividend



Old Republic International Corporation (NYSE: ORI), based in Chicago, has recently announced a regular quarterly cash dividend of 26.5 cents per share, set to be paid on December 16, 2024. The record date for shareholders eligible to receive this dividend is December 6, 2024. This declaration marks another milestone in the company’s commitment to providing returns to its shareholders.

Overview of Dividend Increases


The cash dividend for the year 2024 results in a total annual dividend of $1.06 per share, representing an 8.2% increase from the 98 cents per share paid out in 2023. Notably, this move continues a tradition of consistent growth, as it marks the 43rd consecutive year of annual increases in regular cash dividends. Furthermore, Old Republic has maintained uninterrupted cash dividend payments for an impressive 83 years, showcasing its stability and reliability in delivering value to investors.

About Old Republic International


Old Republic International Corporation stands as one of the largest shareholder-owned insurance businesses in the United States. It ranks among the Fortune 500 companies, underscoring its significance in the marketplace. The company operates as an insurance holding firm, with subsidiaries that market, underwrite, and deliver risk management services across a diverse range of insurance coverages. These primarily include general and title insurance, with Old Republic's general insurance provision ranking among the top 50 in the nation. Additionally, its title insurance sector holds the title of the third largest in the industry, highlighting its extensive influence in the sector.

The strategic decision to declare this quarterly dividend is reflective of the corporation’s robust financial health and commitment to shareholder value. In light of these announcements, Old Republic continues to position itself as a trustworthy and resilient investment option for both current and prospective shareholders, assuring them of continued support and returns.

Investor Relations Contact


Shareholders looking for more detailed information can access Old Republic’s latest news releases and corporate documents directly on their official website Old Republic. For personal inquiries, investors may also reach out to their Investor Relations team at:
  • - Phone: (312) 346-8100
  • - Address: 307 North Michigan Avenue, Chicago, IL 60601.

This proactive stance toward investor communication not only reinforces Old Republic's transparency but also strengthens its relationships with shareholders by ensuring they are well-informed about company performance and dividend policies.

Conclusion


In conclusion, Old Republic International's latest dividend announcement not only reflects its unwavering dedication to shareholders but also signals a persistent trend of stability and growth within the organization. As the company looks ahead, it remains focused on enhancing value for its investors while maintaining its status as a leader in the insurance industry.

Topics Financial Services & Investing)

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