Published:
Old Republic Declares Cash Dividend on Common Stock
CHICAGO, Aug. 28 /PRNewswire-FirstCall/ -- The Board of Directors of Old
Republic International Corporation (NYSE: ORI) today declared a quarterly cash
dividend on the common stock of 17 cents per share. This dividend is payable
September 15, 2008, to shareholders of record on September 5, 2008, and
reflects an increase of 6.3 percent over the regular dividend rate that
prevailed through March 2008.
This latest dividend increase marks the twenty-seventh consecutive year
that Old Republic has boosted its cash dividend rate; 2008 marks the 67th year
of uninterrupted cash dividend payments. The Company currently has
approximately 230.7 million common shares outstanding.
About Old Republic
Chicago-based Old Republic International Corporation is an insurance
holding company whose subsidiaries market, underwrite and provide risk
management services for a wide variety of coverages, principally in the
property and liability, mortgage guaranty and title insurance fields. One of
the nation's 50 largest publicly owned insurance organizations, Old Republic
has assets of approximately $13.1 billion and common shareholders' equity of
nearly $4.0 billion or $17.59 per share. Its current stock market valuation
is approximately $2.4 billion or $10.38 per share.
For the latest news releases and other corporate documents on Old Republic
International visit http://www.oldrepublic.com
SOURCE Old Republic International Corporation
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
Daily NewsTags: ,INS,FIN,DIV,IL-ORI-Cash-Dividend
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