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

Rhea-AI Summary

Old Republic International Corporation (NYSE: ORI) announced a regular quarterly cash dividend of 23 cents per share, payable on September 15, 2022, to shareholders on record as of September 1, 2022. The annual dividend for 2022 is projected to be 92 cents per share, up from 88 cents in 2021, marking the 41st consecutive annual increase. This year also represents the 81st year of uninterrupted cash dividend payments, reflecting the company's strong commitment to returning value to shareholders.

Positive

• Quarterly cash dividend declared at 23 cents per share.
• Projected annual dividend of 92 cents per share for 2022, an increase from 88 cents in 2021.
• 41st consecutive year of increased dividend payments.
• 81 years of uninterrupted regular cash dividend payments.

Negative

• None.

CHICAGO, Aug. 19, 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 September 15, 2022 to shareholders of record on September 1, 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 regular 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 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-third-quarter-regular-cash-dividend-of-23-cents-per-share-301608993.html

SOURCE Old Republic International Corporation

FAQ

What is the dividend amount declared by Old Republic International for Q3 2022?

The dividend amount declared for Q3 2022 is 23 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 15, 2022.

What is the projected annual dividend for 2022 for Old Republic International?

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

How many consecutive years has Old Republic increased its dividend?

Old Republic has increased its dividend for 41 consecutive years.

How long has Old Republic been paying regular cash dividends?

Old Republic has been paying regular cash dividends for 81 years.