Old Republic Announces Robust Cash Dividend for Shareholders
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Old Republic International Corporation Declares Cash Dividend
Old Republic International Corporation (NYSE: ORI) recently announced an important update that will interest its shareholders. The Board of Directors has declared a quarterly cash dividend of 29 cents per share, a reflection of the company's financial health and commitment to rewarding investors.
Details of the Dividend Announcement
This dividend will be made payable on March 20, 2025, to all shareholders who are on the company’s records as of March 10, 2025. The projected total dividends for the year amount to $1.16 per share, representing a notable increase from the $1.06 per share paid in the previous year. This marks a 9.4% rise, emphasizing Old Republic's robust financial performance.
A Commitmented History of Dividend Growth
2025 signifies a significant milestone for Old Republic, as it celebrates the 44th consecutive year of increasing its cash dividend payments. Over an impressive time span of 84 years, Old Republic has maintained uninterrupted regular cash dividend payments, establishing a reliable investment opportunity for its stakeholders.
About Old Republic International Corporation
Founded in 1923, Old Republic is a prominent name in the insurance industry, encompassing a variety of property and casualty as well as title insurance services. Being a member of the Fortune 500 highlights its success and reliability as a leader in underwriting and risk management. By working closely with business partners throughout North America, Old Republic ensures that customized solutions are provided, tailored specifically to meet the diverse needs of their clientele.
Leadership at Old Republic
The visionary leadership at Old Republic plays a crucial role in its ongoing success. Craig R. Smiddy serves as the President and Chief Executive Officer, guiding the company with a focus on strategic growth and operational excellence.
Contact Information
For any inquiries, analysts and investors are encouraged to reach out to Joe Calabrese at 212-827-3772 for more information regarding Old Republic International Corporation’s latest developments.
Frequently Asked Questions
What is the recent cash dividend declared by Old Republic?
Old Republic has declared a cash dividend of 29 cents per share for its shareholders.
When will the dividend be paid?
The dividend is scheduled to be paid on March 20, 2025.
How much has the dividend increased compared to last year?
The dividend has risen from $1.06 per share in the previous year to $1.16 per share, a 9.4% increase.
How many consecutive years has Old Republic increased its dividend?
This year marks the 44th consecutive year of increased dividends from Old Republic.
Where can I learn more about Old Republic International Corporation?
Interested individuals can visit Old Republic’s official website for more information about their services and corporate updates.
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