Chubb Corp. (CB) Raises Quarterly Dividend 3% to $0.69; 2.2% Yield
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Chubb Shareholders Approve 23rd Consecutive Annual Dividend Increase; Board Declares Record Date for First Dividend Installment; All Other Shareholder Proposals Approved
May 19, 2016 9:48 AM EDTZURICH, May 19, 2016 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) announced today its shareholders have approved all matters submitted to the Chubb Limited 2016 Annual General Meeting, held at the company's offices in Zurich, Switzerland, including a 3% increase in the company's dividend to $2.76 annually ($0.69 per quarter) from $2.68 ($0.67 per quarter). This marks the 23rd consecutive annual increase in the company's dividend.
The dividend will be payable out of legal reserves in four quarterly... More
