OLD REPUBLIC DECLARES FOURTH QUARTER REGULAR CASH DIVIDEND OF 23 CENTS PER SHARE

Rhea-AI Summary

Old Republic International Corporation (NYSE: ORI) has announced a quarterly cash dividend of 23 cents per share, payable on December 15, 2022, for shareholders on record by December 5, 2022. This brings the total annual dividend for 2022 to 92 cents, up from 88 cents in 2021. The announcement marks the 41st consecutive year of dividend increases and the 81st year of uninterrupted payments.

Positive

• Quarterly cash dividend increased to 23 cents per share.
• Total annual dividend for 2022 rose to 92 cents, a 4.5% increase from 2021.
• 41 consecutive years of increased dividends demonstrate financial stability.

Negative

• None.

CHICAGO, Nov. 23, 2022 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced its Board of Directors has declared a regular quarterly cash dividend on its common stock of 23 cents per common share. This dividend is payable on December 15, 2022 to shareholders of record on December 5, 2022. That brings the full year's regular cash dividend to 92 cents per share for 2022 compared to 88 cents paid in 2021.

2022 marks the 41^st consecutive year that Old Republic has increased its regular cash dividend and 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 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

At Old Republic:
Craig R. Smiddy, President and CEO

At Financial Relations Board:
Analysts/Investors: Joe Calabrese 212/827-3772

View original content:https://www.prnewswire.com/news-releases/old-republic-declares-fourth-quarter-regular-cash-dividend-of-23-cents-per-share-301685707.html

SOURCE Old Republic International Corporation

FAQ

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

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

When will the dividend be paid to shareholders?

The dividend will be paid on December 15, 2022, to shareholders of record on December 5, 2022.

How does the 2022 dividend compare to 2021?

The total dividend for 2022 is 92 cents per share, up from 88 cents in 2021.

How many years has Old Republic International Corporation increased its dividend?

2022 marks the 41st consecutive year that Old Republic has increased its regular cash dividend.

How long has Old Republic International Corporation been paying dividends?

Old Republic has paid uninterrupted regular cash dividends for 81 years.