Chubb Limited Board Will Recommend 32nd Consecutive Annual Dividend Increase to Shareholders at the 2025 Annual General Meeting; Declares Quarterly Dividend

Rhea-AI Summary

Chubb (NYSE: CB) has announced that its Board of Directors will recommend a significant dividend increase at the 2025 Annual General Meeting, marking the company's 32nd consecutive annual dividend increase. The proposed annual dividend of $3.88 per share will be paid in four quarterly installments of $0.97 per share, up from the current quarterly payment of $0.91.

The Board has also declared a quarterly dividend of $0.91 per share, payable on April 4, 2025, to shareholders of record as of March 14, 2025. This payment represents the fourth installment as approved by shareholders on May 16, 2024, and will be distributed in US dollars from legal reserves through the company's transfer agent.

Positive

• 32nd consecutive annual dividend increase demonstrates strong financial stability
• 6.6% increase in quarterly dividend from $0.91 to $0.97 per share
• Annual dividend to reach $3.88 per share

Negative

• None.

News Market Reaction

+2.93%

1 alert

+2.93% News Effect

On the day this news was published, CB gained 2.93%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ZURICH, Feb. 27, 2025 /PRNewswire/ -- Chubb Limited (NYSE: CB) announced today that its Board of Directors will recommend to shareholders at the company's 2025 Annual General Meeting an increase in its quarterly dividend for the thirty-second consecutive year. The proposal calls for a $3.88 annual per share dividend, payable in four quarterly installments of $0.97 per share, compared to the current quarterly dividend amount of $0.91 per share.

The Board also declared a quarterly dividend equal to $0.91 per share, payable on April 4, 2025 to shareholders of record at the close of business on March 14, 2025. 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 2024 proxy statement. This will be the fourth installment as approved by the company's shareholders on May 16, 2024.

About Chubb
Chubb is a world leader in insurance. 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. The company is 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 employs approximately 43,000 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 the company's 2025 Annual General Meeting and dividends, 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 these statements. For example, payment of scheduled 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.  

 

 

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SOURCE Chubb Limited

FAQ

What is Chubb's new proposed quarterly dividend for 2025?

Chubb (CB) is proposing to increase its quarterly dividend to $0.97 per share, up from $0.91.

When will Chubb's next dividend payment of $0.91 be distributed?

The next dividend payment of $0.91 per share will be paid on April 4, 2025, to shareholders of record as of March 14, 2025.

How many consecutive years has Chubb increased its dividend?

Chubb has increased its dividend for 32 consecutive years, with the latest increase to be proposed at the 2025 Annual General Meeting.

What is Chubb's proposed annual dividend amount for 2025?

Chubb's proposed annual dividend for 2025 is $3.88 per share, to be paid in four quarterly installments of $0.97 each.

What percentage increase does CB's new proposed dividend represent?

The new proposed quarterly dividend of $0.97 represents a 6.6% increase from the current $0.91 quarterly payment.