dividend
confidence high
sentiment positive
materiality 0.80
Old Republic declares regular $0.23 dividend, $1 special dividend, and $450M buyback
OLD REPUBLIC INTERNATIONAL CORP
- Regular quarterly cash dividend of $0.23 per share payable Sept 15, 2022 to holders of record Sept 1.
- Special one-time cash dividend of $1.00 per share payable on same dates.
- Board authorized $450 million share repurchase program with no expiration date.
- Combined capital return totals approximately $760 million based on 309M shares outstanding.
- 41st consecutive annual regular dividend rate increase; 81st year of uninterrupted dividend payments.