STOCK TITAN

Chubb Limited Board Declares Quarterly Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

The Board of Directors of Chubb Limited (NYSE: CB) has declared a quarterly dividend of $0.83 per share, scheduled for payment on October 7, 2022. This dividend is for shareholders on record as of September 16, 2022. It is the second payout approved by shareholders on May 19, 2022 and will be distributed in U.S. dollars from legal reserves. Chubb, the world’s largest publicly traded property and casualty insurance company, operates globally, providing a wide range of insurance products and services.

Positive
  • Dividend of $0.83 per share indicates strong shareholder returns.
  • Payment date set for October 7, 2022, providing timely income to shareholders.
Negative
  • Forward-looking statements caution against reliance on future dividend payments due to potential risks.

ZURICH, Aug. 11, 2022 /PRNewswire/ -- The Board of Directors of Chubb Limited (NYSE: CB) today declared a quarterly dividend equal to $0.83 per share, payable on October 7, 2022 to shareholders of record at the close of business on September 16, 2022. The dividend will be payable out of legal reserves and will be made in United States dollars by the company's transfer agent, as described in the Chubb Limited 2022 proxy statement. This will be the second installment as approved by the company's shareholders on May 19, 2022.

About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 34,000 people worldwide. Additional information can be found at: www.chubb.com.

Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release, such as statements regarding dividends, and our expectations and intentions and other statements that are not historical facts, 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 from those set forth in these statements. For example, payment of scheduled or future 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. Additional information regarding factors that could cause differences from these forward-looking statements appears in the company's filings with the Securities and Exchange Commission. 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. 

 

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/chubb-limited-board-declares-quarterly-dividend-301604356.html

SOURCE Chubb Limited

FAQ

What is the dividend amount declared by Chubb Limited (CB)?

Chubb Limited has declared a quarterly dividend of $0.83 per share.

When is the dividend payment date for Chubb Limited (CB)?

The dividend payment date for Chubb Limited is October 7, 2022.

Who are the shareholders eligible for the dividend from Chubb Limited (CB)?

Shareholders of record as of September 16, 2022, are eligible for the dividend.

When was the dividend approved for Chubb Limited (CB)?

The dividend was approved by shareholders on May 19, 2022.

What risks may affect future dividend payments for Chubb Limited (CB)?

Future dividend payments may be affected by extraordinary company events or capital constraints.

Chubb Limited

NYSE:CB

CB Rankings

CB Latest News

CB Stock Data

113.10B
373.58M
7.32%
84.33%
0.85%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
ZURICH