OLD REPUBLIC DECLARES THIRD QUARTER REGULAR CASH DIVIDEND OF 26.5 CENTS PER SHARE

Rhea-AI Summary

Old Republic International (NYSE: ORI) has declared a regular quarterly cash dividend of 26.5 cents per share, payable on September 16, 2024, to shareholders of record on September 6, 2024. This announcement marks the 43rd consecutive year of dividend increases and the 83rd year of uninterrupted regular cash dividend payments for the company.

Subject to Board approval each quarter, the full year's cash dividend for 2024 will amount to $1.06 per share, representing an 8.2% increase from the 98 cents per share paid in 2023. This consistent dividend growth demonstrates Old Republic's commitment to delivering value to its shareholders.

Positive

• 8.2% increase in annual dividend from $0.98 to $1.06 per share
• 43 consecutive years of dividend increases
• 83 years of uninterrupted regular cash dividend payments

Negative

• None.

CHICAGO, Aug. 16, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on September 16, 2024 to shareholders of record on September 6, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to 98 cents per share paid in 2023, an 8.2% increase.

2024 marks the 43^rd consecutive year that Old Republic has increased its regular cash dividend and the 83^rd year of uninterrupted regular cash dividend payments.

About Old Republic

Chicago-based Old Republic International Corporation is one of the nation's 50 largest shareholder-owned insurance businesses. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance business is the third largest in its industry.

For Old Republic's latest news releases and other corporate documents: Please visit us at www.oldrepublic.com
Alternatively, please write or call: Investor Relations Old Republic International Corporation 307 North Michigan Avenue, Chicago, IL 60601  (312) 346-8100

 

At Old Republic:	At Financial Relations Board:
Craig R. Smiddy: President and Chief Executive Officer	Analysts/Investors: Joe Calabrese 212/827-3772

 

View original content:https://www.prnewswire.com/news-releases/old-republic-declares-third-quarter-regular-cash-dividend-of-26-5-cents-per-share-302224090.html

SOURCE Old Republic International Corporation

FAQ

What is Old Republic's (ORI) quarterly dividend for Q3 2024?

Old Republic International (ORI) has declared a regular quarterly cash dividend of 26.5 cents per share for the third quarter of 2024.

When will Old Republic (ORI) pay its Q3 2024 dividend?

The Q3 2024 dividend will be payable on September 16, 2024, to shareholders of record on September 6, 2024.

How much has Old Republic (ORI) increased its annual dividend in 2024?

Old Republic has increased its annual dividend by 8.2%, from 98 cents per share in 2023 to $1.06 per share in 2024, subject to quarterly Board approval.

How long has Old Republic (ORI) been increasing its dividends?

Old Republic has increased its regular cash dividend for 43 consecutive years, as of 2024.