Old Republic (ORI) Declares $1.00 Special Dividend; 5.3% Yield

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Go back to Old Republic (ORI) Declares $1.00 Special Dividend; 5.3% Yield

Old Republic Declares A Special, One-Time Cash Dividend Of $1.00 Per Share

December 18, 2020 11:49 AM EST

CHICAGO, Dec. 18, 2020 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) has declared a special, one-time cash dividend of $1.00 per share. The dividend will be paid on January 15, 2021 to shareholders of record on January 5, 2021.

At its most recent quarterly meeting, the Board of Directors evaluated a number of factors critical to the long-term management of Old Republic's diversified insurance business. Key among such factors were:

The Company's long-term strategy and required capital resources to ensure sustainability of its integrated multi-insurance coverages, and industry-focused underwriting... More