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

Rhea-AI Summary

Old Republic International Corporation (NYSE: ORI) declared a quarterly cash dividend of 23 cents per share, payable on June 15, 2022. Shareholders on record as of June 3, 2022 will be eligible. The projected annual dividend for 2022 is 92 cents, up from 88 cents in 2021, marking the 41st consecutive year of dividend increases. This announcement highlights Old Republic's commitment to shareholder returns and reflects its 81 years of uninterrupted dividend payments.

Positive

• Quarterly cash dividend of 23 cents per share demonstrates ongoing commitment to shareholder returns.
• Projected annual dividend of 92 cents per share for 2022 indicates an increase from 88 cents in 2021.
• 41st consecutive year of increasing dividend payments reinforces investor confidence.
• 81 years of uninterrupted regular cash dividend payments marks significant financial stability.

Negative

• None.

CHICAGO, May 20, 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 June 15, 2022 to shareholders of record on June 3, 2022. Subject to quarterly Board approval, the full year's cash dividend is projected to be 92 cents per share for 2022, compared to 88 cents paid in 2021.

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

View original content:https://www.prnewswire.com/news-releases/old-republic-declares-second-quarter-cash-dividend-of-23-cents-per-share-301551992.html

SOURCE Old Republic International Corporation

FAQ

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

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

When is the dividend payable for Old Republic International Corporation?

The dividend is payable on June 15, 2022.

What will be the annual dividend for Old Republic International Corporation in 2022?

The projected annual dividend for 2022 is 92 cents per share.

How long has Old Republic International Corporation been increasing its dividends?

Old Republic has increased its dividends for 41 consecutive years.

What are the record dates for the dividend payment of Old Republic International Corporation?

Shareholders must be on record by June 3, 2022, to receive the dividend.