Everest Re Group Increases Quarterly Dividend to $1.65

Rhea-AI Summary

Everest Re Group, Ltd. (NYSE:RE) has announced an increase in its quarterly dividend from $1.55 to $1.65 per common share. This dividend will be paid on or before June 17, 2022 to all shareholders of record as of May 25, 2022. The company, a major player in the reinsurance and insurance market, operates globally with nearly 50 years of experience and is part of the S&P 500 index.

Positive

• Quarterly dividend increased from $1.55 to $1.65 per share, reflecting confidence in financial stability.
• Dividend payment date set for June 17, 2022, enhancing shareholder value.

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Everest Re Group, Ltd. announced that its Board of Directors declared an increase in the regular quarterly dividend from $1.55 to $1.65 per common share. This dividend will be payable on or before June 17, 2022 to all shareholders of record as of May 25, 2022.

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/20220512005843/en/

Media: Dawn Lauer

Chief Communications Officer

Everest Global Services, Inc.

908.300.7670

Investors: Jon Levenson

Head of Investor Relations

Everest Global Services, Inc.

908.604.3169

Source: Everest Re Group, Ltd.

FAQ

What is the new dividend amount for Everest Re Group (RE)?

The new dividend amount for Everest Re Group (RE) is $1.65 per common share.

When will the new dividend for RE be paid?

The new dividend will be paid on or before June 17, 2022.

What is the record date for the dividend payment of RE?

The record date for the dividend payment is May 25, 2022.

How often does Everest Re Group (RE) pay dividends?

Everest Re Group (RE) pays dividends on a quarterly basis.