OLD REPUBLIC DECLARES FIRST QUARTER REGULAR CASH DIVIDEND OF 24.5 CENTS PER SHARE

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Old Republic International Corporation (NYSE: ORI) announced a quarterly cash dividend of 24.5 cents per share, payable on March 15, 2023. Shareholders of record as of March 6, 2023 will receive this dividend. The annual dividend for 2023 is projected to total 98 cents per share, up from 92 cents in 2022, marking the 42nd consecutive year of increases. This year also commemorates 82 years of uninterrupted cash dividends. Old Republic is a prominent insurance holding company, recognized among the top 50 in the nation.

Positive

• Quarterly cash dividend increased to 24.5 cents per share.
• Annual dividend expected to be 98 cents per share, an increase from 92 cents in 2022.
• 42 consecutive years of dividend increases.
• 82 years of uninterrupted cash dividend payments.

Negative

• None.

CHICAGO, Feb. 23, 2023 /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 24.5 cents per common share. This dividend is payable on March 15, 2023 to shareholders of record on March 6, 2023. Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount 98 cents per share compared to 92 cents paid in 2022.

The current annualized rate of 98 cents per share marks the 42nd consecutive year that Old Republic has increased this rate, and 2023 becomes the 82nd 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 business is 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

View original content:https://www.prnewswire.com/news-releases/old-republic-declares-first-quarter-regular-cash-dividend-of-24-5-cents-per-share-301753883.html

SOURCE Old Republic International Corporation

FAQ

What is the dividend amount declared by Old Republic International Corporation for Q1 2023?

Old Republic International Corporation declared a dividend of 24.5 cents per share for Q1 2023.

When will the dividend payment be made to shareholders?

The dividend will be paid on March 15, 2023, to shareholders of record on March 6, 2023.

How much will Old Republic pay in dividends for the entire year of 2023?

The total annual dividend for 2023 is projected to be 98 cents per share.

How many consecutive years has Old Republic increased its dividend?

Old Republic has increased its dividend for 42 consecutive years.

What is Old Republic's history of dividend payments?

Old Republic has an uninterrupted history of cash dividend payments spanning 82 years.