OLD REPUBLIC DECLARES SECOND QUARTER REGULAR CASH DIVIDEND OF 26.5 CENTS PER SHARE

Rhea-AI Summary

Old Republic International (NYSE: ORI) announced that its Board of Directors has declared a quarterly cash dividend of 26.5 cents per common share. This dividend will be payable on June 14, 2024, to shareholders recorded by June 4, 2024. Assuming Board approval each quarter, the annual cash dividend for 2024 will total $1.06 per share, representing an 8.2% increase from the $0.98 per share paid in 2023. This marks the 43rd consecutive year of dividend increases and the 83rd year of uninterrupted payments.

Positive

• Quarterly dividend increased to 26.5 cents per share.
• Annual cash dividend for 2024 projected at $1.06 per share, up 8.2% from 2023.
• 43 consecutive years of increasing regular cash dividends.
• 83 years of uninterrupted regular cash dividend payments.

Negative

• None.

CHICAGO, May 17, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per common share. This dividend is payable on June 14, 2024 to shareholders of record on June 4, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to $0.98 paid in 2023, an 8.2% increase.

2024 marks the 43^rd consecutive year that Old Republic has increased its regular cash dividend and the 83^rd 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 Chief Executive Officer	Analysts/Investors: Joe Calabrese 212/827-3772

View original content:https://www.prnewswire.com/news-releases/old-republic-declares-second-quarter-regular-cash-dividend-of-26-5-cents-per-share-302148432.html

SOURCE Old Republic International Corporation

FAQ

What is Old Republic International 's (ORI) quarterly dividend for Q2 2024?

Old Republic International (ORI) has declared a quarterly cash dividend of 26.5 cents per share for Q2 2024.

When will Old Republic International (ORI) pay the Q2 2024 dividend?

The Q2 2024 dividend will be payable on June 14, 2024.

What is the record date for Old Republic International 's (ORI) Q2 2024 dividend?

The record date for the Q2 2024 dividend is June 4, 2024.

How much is the annual cash dividend for Old Republic International (ORI) expected to be in 2024?

The annual cash dividend for 2024 is expected to be $1.06 per share, given Board approval each quarter.

How does Old Republic International 's (ORI) 2024 dividend compare to 2023?

The 2024 annual cash dividend of $1.06 per share represents an 8.2% increase from the $0.98 per share paid in 2023.

How many years has Old Republic International (ORI) increased its regular cash dividend?

Old Republic International (ORI) has increased its regular cash dividend for 43 consecutive years.

For how many years has Old Republic International (ORI) paid uninterrupted regular cash dividends?

Old Republic International (ORI) has paid uninterrupted regular cash dividends for 83 years.