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Chubb Corp. (CB) Declares $0.69 Quarterly Dividend; Approves $1B Stock Buyback Plan

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Chubb Limited Board Declares Quarterly Dividend and Authorizes Share Repurchase Program

November 17, 2016 4:05 PM EST

ZURICH, Nov. 17, 2016 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.69 per share, payable on January 20, 2017 to shareholders of record at the close of business on December 30, 2016.  Dividend payments will be made in United States dollars by the company's transfer agent.  This will be the third installment as approved by the company's shareholders on May 19, 2016.

The Board also announced authorization of a share repurchase program of $1 billion through December 31, 2017.  The... More