Old Republic (ORI) Declares $1.50 Special Dividend; 5.8% Yield
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Old Republic Declares A Special, One-Time Cash Dividend of $1.50 Per Share
August 13, 2021 9:00 AM EDTCHICAGO, Aug. 13, 2021 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced its Board of Directors has declared a special, one-time cash dividend of $1.50 per share. The dividend will be paid on October 6, 2021 to shareholders of record on September 15, 2021.
In reaching its decision the Board of Directors evaluated such critical factors as:
The current capital position and foreseeable capital needs of the insurance underwriting subsidiaries to which substantially all of the Company's financial resources are committed, and The parent holding company's current... More