Everest Group Announces Dividend

Rhea-AI Summary

Everest Group, Ltd. (EGL) declares $1.75 dividend per common share, payable by December 15, 2023, to shareholders of record as of November 29, 2023

Positive

• The declaration of a $1.75 dividend per common share indicates the company's strong financial position and commitment to rewarding shareholders.

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Group, Ltd. announced that its Board of Directors declared a dividend of $1.75 per common share payable on or before December 15, 2023 to all shareholders of record as of November 29, 2023.

About Everest

Everest Group, Ltd. (Everest) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide.

Everest common stock (NYSE: EG) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestglobal.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109664970/en/

Media: Dawn Lauer

Chief Communications Officer

908.300.7670

Investors: Matt Rohrmann

Head of Investor Relations

908.604.7343

Source: Everest Group, Ltd.

FAQ

What is the dividend amount declared by Everest Group, Ltd. (EGL)?

The company declared a dividend of $1.75 per common share.

When will the dividend be payable to shareholders of Everest Group, Ltd. (EGL)?

The dividend is payable on or before December 15, 2023.

Who is eligible to receive the dividend from Everest Group, Ltd. (EGL)?

All shareholders of record as of November 29, 2023, are eligible to receive the dividend.

What does the dividend declaration indicate about Everest Group, Ltd. (EGL)?

The dividend declaration reflects the company's strong financial position and its commitment to rewarding shareholders.

How does the dividend declaration impact Everest Group, Ltd. (EGL) stock performance?

The dividend declaration may positively impact the company's stock performance and attract investor interest due to the indication of financial stability and shareholder value.