OLD REPUBLIC DECLARES FIRST QUARTER CASH DIVIDEND OF 23 CENTS PER SHARE

Rhea-AI Summary

Old Republic International Corporation (NYSE: ORI) announced a quarterly cash dividend of 23 cents per share, payable on March 15, 2022. Shareholders of record by March 7, 2022 will receive this dividend. The annualized dividend for 2022 will total 92 cents, an increase from 88 cents in 2021, marking the 41st consecutive year of dividend increases and the 81st year of uninterrupted payments. Old Republic is among the top 50 largest shareholder-owned insurance businesses in the nation.

Positive

• Dividend increased to 92 cents for 2022 from 88 cents in 2021.
• 41st consecutive year of dividend increases demonstrates strong financial health.

Negative

• None.

CHICAGO, Feb. 25, 2022 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced its Board of Directors has declared a regular quarterly cash dividend on the common stock of 23 cents per common share. This dividend is payable on March 15, 2022 to shareholders of record on March 7, 2022. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 92 cents per share compared to 88 cents paid in 2021.

The current annualized dividend rate of 92 cents per share marks the 41^st consecutive year that Old Republic has boosted this rate, and 2022 becomes the 81^st year of uninterrupted regular cash dividend payments.

About Old Republic
Chicago-based Old Republic International Corporation is one of the nation's 50 largest shareholder-owned insurance businesses. It is a member of the Fortune 500 listing of America's largest companies. 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. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance operations are the third largest in its industry.

For Old Republic's latest news releases and other corporate documents:
Please visit us at www.oldrepublic.com 

Alternatively, please write or call: Investor Relations
Old Republic International Corporation
307 North Michigan Avenue, Chicago, IL 60601
(312) 346-8100

At Old Republic:	At Financial Relations Board:
Craig R. Smiddy, President and CEO	Analysts/Investors: Joe Calabrese 212/827-3772

 

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SOURCE Old Republic International Corporation

FAQ

What is the dividend amount declared by ORI?

Old Republic International Corporation declared a dividend of 23 cents per share.

When is the dividend payment date for ORI?

The dividend is payable on March 15, 2022.

When is the record date for the ORI dividend?

The record date for the dividend is March 7, 2022.

What is the total annual dividend for ORI in 2022?

The total annual dividend for 2022 will be 92 cents per share.

How many consecutive years has ORI increased its dividend?

ORI has increased its dividend for 41 consecutive years.