CHICAGO, Feb. 28, 2013 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 18 cents per share. This dividend is payable March 21, 2013, to shareholders of record on March 11, 2013. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 72 cents per share compared to 71 cents paid in 2012.
This latest dividend increase marks the 32 ND consecutive year that Old Republic has boosted its cash dividend rate, and 2013 becomes the 72 nd 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 $3.6 billion or $14.03 per share. Its current stock market valuation is approximately $3.1 billion or $11.94 per share.For the latest news releases and other corporate documents on Old Republic International visit www.oldrepublic.com SOURCE Old Republic International Corporation
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV