CHICAGO, May 22, 2015 /PRNewswire/ -- The Board of
Directors of Old Republic International Corporation (NYSE:
ORI) at its meeting on May 13
declared a quarterly cash dividend on the common stock of
18.50 cents per share. This dividend
is payable June 15, 2015, to
shareholders of record on June 5,
2015. Subject to Board approval of each quarter's new rate,
the full year's cash dividend will amount to 74 cents per share compared to 73 cents paid in 2014.
This latest dividend increase marks the 34th
consecutive year that Old Republic has boosted its cash dividend
rate, and 2015 becomes the 74th year of uninterrupted
cash dividend payments.
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, and title insurance fields. A long
term interest in mortgage guaranty and consumer credit indemnity
lines has devolved to a run-off operating mode in recent
times.
One of the nation's 50 largest publicly owned insurance
organizations, Old Republic has consolidated assets of
approximately $17.2 billion and
common shareholders' equity of $4.0 billion, or $15.48 per share. Its current stock market
valuation is approximately $4.0
billion, or $15.45 per
share.
For the latest news releases and other corporate documents
on Old Republic
International visit www.oldrepublic.com
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SOURCE Old Republic International Corporation