CHICAGO, Aug. 24, 2015 /PRNewswire/ -- The Board of
Directors of Old Republic International Corporation (NYSE:
ORI) declared a quarterly cash dividend on the common stock of
18.50 cents per share. This
dividend is payable September 15,
2015, to shareholders of record on September 4.
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 one of the nation's 50 largest
publicly held insurance organizations. Its most recent
financial statements reflect consolidated assets of approximately
$17.2 billion and common
shareholders' equity of $3.9 billion,
or $15.16 per share. Its
current stock market valuation is approximately $4.1 billion or $15.88 per share.
The Company is organized as an insurance holding company whose
subsidiaries actively market, underwrite, and provide risk
management services for a wide variety of coverages mostly in the
general 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 years.
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