Everest Re Group Announces Dividend

Rhea-AI Summary

Everest Re Group, Ltd. (NYSE:RE) announced a dividend of $1.55 per share, which is payable by December 22, 2021 to shareholders of record as of December 1, 2021. This decision reflects the company's solid financial position and commitment to returning value to shareholders. Everest, a prominent global provider of reinsurance and insurance, operates across various regions, including the U.S., Europe, and Canada, and is a component of the S&P 500 index.

Positive

• Dividend declared at $1.55 per share, indicating strong cash flow.
• Payment date set for December 22, 2021, supports shareholder returns.
• Everest is a reputable firm with nearly 50 years in the industry.

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. (“Everest” or the “Company”) announced that its Board of Directors declared a dividend of $1.55 per share payable on or before December 22, 2021 to all shareholders of record as of December 1, 2021.

About Everest Re Group, Ltd.

Everest Re Group, Ltd. (“Everest”) is a leading global provider of reinsurance and insurance, operating for close to 50 years through subsidiaries in the U.S., Europe, Singapore, Canada, Bermuda and other territories.

Everest offers property, casualty, and specialty products through its various operating affiliates located in key markets around the world.

Everest common stock (NYSE:RE) is a component of the S&P 500 index.

Additional information about Everest, our people, and our products can be found on our website at www.everestre.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20211118005850/en/

Media: Dawn Lauer

Chief Communications Officer

Everest Global Services, Inc.

908.300.7670

Investors and Media: Jon Levenson

Head of Investor Relations

Everest Global Services, Inc.

908.604.3169

Source: Everest Re Group, Ltd.

FAQ

What is the dividend amount announced by Everest Re Group (NYSE:RE)?

Everest Re Group declared a dividend of $1.55 per share.

When will the dividend be paid to shareholders of Everest (NYSE:RE)?

The dividend will be paid on or before December 22, 2021.

What is the record date for the dividend payment by Everest (NYSE:RE)?

The record date for the dividend payment is December 1, 2021.

How long has Everest Re Group (NYSE:RE) been in operation?

Everest Re Group has been operating for nearly 50 years.