Old Republic International Declares $2 Special Dividend

Dow Jones

Dec 13, 2024

By Colin Kellaher

Old Republic International's board has declared a special cash dividend of $2 a share.

The Chicago insurance holding company on Friday said the dividend, which is payable Jan. 15 to shareholders of record Jan. 3, will return about $500 million to its investors.

Old Republic's board earlier this year raised the company's regular quarterly dividend by 8.2% to 26.5 cents and approved a new $1.1 billion share-repurchase program.

The company said about $240 million remains available under the program.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

December 13, 2024 07:53 ET (12:53 GMT)

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