CHICAGO, Feb. 20, 2015 /PRNewswire/ -- The Board of
Directors of Old Republic International Corporation (NYSE:
ORI) today declared a quarterly cash dividend on the common
stock of 18.50 cents per share.
This dividend is payable March 16,
2015, to shareholders of record on March 6, 2015. Subject to Board approval of
each quarter's new rate, the full year's cash dividend will amount
to 74 cents per share compared to
73 cents paid in 2014.
This latest dividend increase marks the 34th
consecutive year that Old Republic has boosted its cash dividend
rate, and 2015 becomes the 74th 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, 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 $17.0 billion and
common shareholders' equity of $3.9
billion, or $15.15 per share.
Its current stock market valuation is approximately $3.9 billion, or $14.97 per share.
For the latest news releases and other
corporate documents on Old
Republic International visit
www.oldrepublic.com
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SOURCE Old Republic International Corporation