W. R. Berkley Corporation Increases Regular Quarterly Dividend and Declares Special Cash Dividend

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W. R. Berkley Corporation (NYSE: WRB) has announced an 8% increase in its annual cash dividend, raising it to 52 cents per share. The first quarterly payment at this new rate will be 13 cents per share, scheduled for July 6, 2021, for stockholders of record by June 25, 2021. Additionally, a special cash dividend of 50 cents per share will also be paid on the same date to eligible stockholders. This move reflects the company's commitment to returning value to its shareholders.

Positive

• 8% increase in annual cash dividend to 52 cents per share.
• Special cash dividend of 50 cents per share reinforces shareholder value.

Negative

• None.

W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has voted to increase the regular cash dividend to an annual rate of 52 cents per share, representing an 8% increase from the present rate. The first regular quarterly cash dividend at the new rate of 13 cents per share will be paid on July 6, 2021 to stockholders of record at the close of business on June 25, 2021.

In addition, the Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on July 6, 2021 to stockholders of record at the close of business on June 25, 2021.

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.

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