ACE Ltd. (ACE) Declares $0.35 Quarterly Dividend; 2.3% Yield, Raises Buyback Plan $300 Million
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ACE Ltd. (NYSE: ACE) declared a quarterly dividend of $0.35 per share, or $1.4 annualized.
The dividend will be payable on October 21, 2011, to stockholders of record on September 30, 2011, with an ex-dividend date of September 28, 2011.
The annual yield on the dividend is 2.3 percent.
The company also raised its buyback plan up to $500 million. The company has repurchased approximately $400 million of shares to-date under its $600 million stock repurchase program announced in November 2010.
The dividend will be payable on October 21, 2011, to stockholders of record on September 30, 2011, with an ex-dividend date of September 28, 2011.
The annual yield on the dividend is 2.3 percent.
The company also raised its buyback plan up to $500 million. The company has repurchased approximately $400 million of shares to-date under its $600 million stock repurchase program announced in November 2010.
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