Travelers Reports First Quarter Net Income and Core Income1 per Diluted Share of $2.17 and $2.16, Respectively, Including Catastrophe Losses of $0.79 per Diluted Share

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Go back to Travelers Reports First Quarter Net Income and Core Income1 per Diluted Share of $2.17 and $2.16, Respectively, Including Catastrophe Losses of $0.79 per Diluted Share

Travelers (TRV) Raises Quarterly Dividend 7.5% to $0.72; 2.4% Yield

April 20, 2017 7:02 AM EDT

Travelers (NYSE: TRV) declared a quarterly dividend of $0.72 per share, or $2.88 annualized. This is a 7.5% increase from the prior dividend of $0.67.

The dividend will be payable on June 30, 2017, to stockholders of record on June 9, 2017, with an ex-dividend date of June 7,... More

Travelers (TRV) Post Q1 EPS of $2.16, Including $0.79/Share Catastrophe Losses; Raises Dividend, $5B Stock Buyback

April 20, 2017 7:01 AM EDT

Travelers (NYSE: TRV) reported Q1 EPS of $2.16, Including Catastrophe Losses of $0.79 per Diluted Share, $0.19 worse than the analyst estimate of $2.35. Revenue for the quarter came in at $6.94 billion versus the consensus estimate of $6.32 billion.

Net income of $617 million and core income (formerly... More