STOCK TITAN

Chubb Limited Board Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Chubb Limited (NYSE: CB) Declares $0.86 Quarterly Dividend, Third Installment for 2023
Positive
  • None.
Negative
  • None.

ZURICH, Nov. 16, 2023  /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.86 per share, payable on January 5, 2024 to shareholders of record at the close of business on December 15, 2023. The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2023 proxy statement. This will be the third installment as approved by the company's shareholders on May 17, 2023.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 40,000 people worldwide. Additional information can be found at: www.chubb.com.

Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release, such as statements regarding dividends, and our expectations and intentions and other statements that are not historical facts, reflect the company's current views with respect to future events and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties, which may cause actual results to differ materially from those set forth in these statements. For example, payment of scheduled or future dividends could be affected by extraordinary company events or capital constraints or similar factors that could require the company to adjust, delay or withhold dividend payments. Additional information regarding factors that could cause differences from these forward-looking statements appears in the company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/chubb-limited-board-declares-quarterly-dividend-301990896.html

SOURCE Chubb Limited

FAQ

What is the dividend declared by Chubb Limited?

Chubb Limited declared a quarterly dividend of $0.86 per share.

When will the dividend be payable?

The dividend will be payable on January 5, 2024.

How will the dividend be paid?

The dividend will be made in United States dollars by the company's transfer agent.

When was the dividend approved by the company's shareholders?

The dividend was approved by the company's shareholders on May 17, 2023.

Chubb Limited

NYSE:CB

CB Rankings

CB Latest News

CB Stock Data

101.62B
403.09M
0.62%
85.93%
0.58%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
ZURICH

About CB

Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world.