W. R. Berkley Corporation Declares Special Dividend

Rhea-AI Summary

W. R. Berkley Corporation (NYSE: WRB) has declared a special cash dividend of 50 cents per share on its common stock. This dividend will be payable on January 24, 2023, to shareholders of record as of January 13, 2023. Founded in 1967, W. R. Berkley is a major player in the property casualty insurance industry, operating globally across several market segments.

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• Declared a special cash dividend of 50 cents per share, rewarding shareholders.

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• None.

GREENWICH, Conn.--(BUSINESS WIRE)-- W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on January 24, 2023 to stockholders of record at the close of business on January 13, 2023.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230103005497/en/

Karen A. Horvath

Vice President – External

Financial Communications

203-629-3000

Source: W. R. Berkley Corporation

FAQ

What is the dividend amount declared by W. R. Berkley Corporation?

W. R. Berkley Corporation has declared a special cash dividend of 50 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 24, 2023.

What is the record date for the dividend payment?

The record date for the dividend payment is January 13, 2023.

How often does W. R. Berkley Corporation pay dividends?

The frequency of dividends can vary; this announcement is for a special cash dividend.

What is the significance of the special cash dividend for investors?

The special cash dividend indicates W. R. Berkley Corporation's commitment to returning value to shareholders.