CHICAGO, Nov. 21, 2012 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 17.75 cents per share. This dividend is payable December 14, 2012, to shareholders of record on December 4, 2012.
This latest dividend increase marks the 31 st consecutive year that Old Republic has boosted its cash dividend rate, and 2012 becomes the 71 st year of uninterrupted cash dividend payments.
About Old Republic
Chicago-based Old Republic International Corporation is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages, principally in the property and liability, mortgage guaranty and title insurance fields. One of the nation's 50 largest publicly owned insurance organizations, Old Republic has assets of approximately $16.2 billion and common shareholders' equity of nearly $3.7 billion or $14.40 per share. Its current stock market valuation is approximately $2.7 billion or $10.34 per share.
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