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Nov. 26, 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
December 16, 2013, to shareholders of record on
December 4, 2013.
This latest dividend increase marks the 32nd consecutive year that Old Republic has boosted its cash dividend rate, and 2013 becomes the 72nd year of uninterrupted cash dividend payments.
About Old RepublicChicago-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, and title insurance fields. A long term interest in mortgage guaranty and consumer credit indemnity lines has devolved to a run-off operating mode in recent times.
One of the nation's 50 largest publicly owned insurance organizations, Old Republic has consolidated assets of approximately
$16.5 billion and common shareholders' equity of
$3.7 billion, or
$14.44 per share. Its current stock market valuation is approximately
$4.5 billion, or
$17.27 per share.
For the latest news releases and other corporate documents on Old Republic International visit www.oldrepublic.com
SOURCE Old Republic International Corporation