HCC Insurance Holdings (HCC) Raises Quarterly Dividend 31.1% to $0.295; Approves $500M Buyback

HCC Insurance Holdings (NYSE: HCC) declared a quarterly dividend of $0.295 per share, or $1.18 annualized. This is a 31.1% increase from the prior dividend of $0.225.

The dividend will be payable on October 15, 2014, to stockholders of record on October 1, 2014, with an ex-dividend date of September 29, 2014.

The annual yield on the dividend is 2.4 percent.

HCC's Board of Directors has also authorized a new share repurchase program that provides for the repurchase of up to an aggregate of $500 million of the Company's common stock.

For a dividend history and other dividend-related data on HCC Insurance Holdings (HCC) click here.

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