Chubb Limited Board Will Recommend 30th Consecutive Annual Dividend Increase to Shareholders at the 2023 Annual General Meeting; Declares Quarterly Dividend
Chubb Limited (NYSE: CB) announced an increase in its quarterly dividend for the 30th consecutive year. The proposed annual dividend is $3.44 per share, with quarterly payments of $0.86, up from $0.83. The Board declared a dividend of $0.83 per share, payable on April 10, 2023, to shareholders of record by March 17, 2023. This dividend will be paid from legal reserves in US dollars. The continued dividend increase reflects the company's commitment to returning value to its shareholders.
- Proposed annual dividend increase to $3.44 per share, indicating strong financial health.
- 30th consecutive year of dividend increase highlights consistency and shareholder value focus.
- None.
The Board also declared a quarterly dividend equal to
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
Cautionary Statement Regarding Forward-Looking Statements:
Forward-looking statements made in this press release, such as statements regarding the company's 2023 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 from 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. Additional information regarding factors that could cause differences from these forward-looking statements appears in the company's filings with the
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