ACE Shareholders Approve Quarterly Dividend Increase; Board Declares Record Date for First Dividend Installment; All Other Sh...
May 21 2015 - 12:53PM
Business Wire
The Board of Directors of ACE Limited (NYSE: ACE) announced
today its shareholders have approved all matters submitted to the
ACE Limited 2015 Annual General Meeting, held at the company’s
offices in Zurich, Switzerland, including a 3% increase to the
company’s dividend to $2.68 annually ($0.67 per quarter) from $2.60
($0.65 per quarter). This marks the 22nd consecutive annual
increase in the company’s dividend.
The dividend will be payable out of legal reserves in four
quarterly installments and will be made in U.S. dollars by the
company’s transfer agent, as described in the ACE Limited proxy
statement. The company’s Board of Directors declared that
shareholders of record at the close of business on June 30, 2015,
will be entitled to payment of the first installment on July 21,
2015.
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. ACE Limited, the parent
company of ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index. Additional
information can be found at: www.acegroup.com.
Cautionary Statement Regarding
Forward-Looking Statements:
Forward-looking statements made in this press release, such as
statements regarding ACE’s Annual General Meeting and dividends,
reflect the company’s current views with respect to future events
and are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Such statements
involve risks and uncertainties, which may cause actual results to
differ materially as set forth in these statements. For
example, payment of scheduled dividends could be affected by
extraordinary company events or capital constraints or similar
factors that could require the company to adjust, delay or withhold
dividend payments. Also, future dividends are subject to
shareholder approval of proposed amounts and methodology. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date on which they are
made.
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version on businesswire.com: http://www.businesswire.com/news/home/20150521006160/en/
ACE LimitedMedia:Jeffrey Zack,
212-827-4444jeffrey.zack@acegroup.comorInvestors:Helen Wilson,
441-299-9283helen.wilson@acegroup.com
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