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The Good News: Chubb Hikes Dividend

Stock quotes in this article: CB , AIG , TRV , CNA , HIG , ALL , AFG  

Chubb (CB Quote) said Thursday that its board has decided to boost the Warren, N.J., insurer's quarterly dividend to 35 cents a share from 33 cents, a 6.1% increase.

The dividend is payable April 7 to shareholders of record on March 20.

However, despite the increase, Chubb, a property and casualty insurer, didn't see its shares benefit. Recently the stock was down 0.3% at $40.14. ...

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