CHICAGO, Jan. 9, 2020 /PRNewswire/ -- Old Republic
International Corporation (NYSE: ORI) — today announced that it
will hold a conference call on Thursday,
January 23, at 3:00 p.m. Eastern
time to discuss fourth quarter 2019 results. The call can be
accessed live on Old Republic's website at www.oldrepublic.com or
on a listen-only phone line at 1‑888‑393‑2979.
Investors may also access a replay of the call by dialing
1-844-512-2921, passcode 8371749, which will be available through
January 30, 2020. The replay will also be available on Old
Republic International's website through February 23, 2020.
About Old Republic
Chicago-based Old Republic International
Corporation is one of the nation's 50 largest publicly held
insurance enterprises. It is a member of the Fortune 500
listing of America's largest companies. The Company is organized as
an insurance holding company whose subsidiaries actively market,
underwrite, and provide risk management services for a wide variety
of coverages mostly in the general and title insurance fields. A
long-term interest in mortgage guaranty and consumer credit
indemnity coverages has devolved to a run-off operating mode since
2012. Old Republic's general insurance business ranks among the
nations' 50 largest, while its title insurance operations are the
third largest in its industry.
The nature of Old Republic's business requires that it be
managed for the long run, and its cash dividend policy reflects
that long-term orientation. The current annualized dividend rate of
$0.80 per share marks the 38th
consecutive year that Old Republic has boosted this rate, and 2019
becomes the 78th year of uninterrupted regular cash dividend
payments. Here's a summary of recent years' total book and market
returns, which includes the addition and reinvestment of cash
dividend payments, in comparison with the financial performance of
three selected indices similarly developed.
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|
ORI
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|
Selected Indices'
Compounded
|
|
|
Annual
|
|
Annual
|
|
Total Annual
Returns
|
|
|
Book Value
|
|
Market
Value
|
|
Nominal
|
|
|
|
|
|
|
Compounded
|
|
Compounded
|
|
Gross
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S & P
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|
S & P
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|
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Total
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Total
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Domestic
|
|
500
|
|
Insurance
|
|
|
Return
|
|
Return
|
|
Product
|
|
Index
|
|
Index
|
Ten Years 1999 –
2008
|
|
9.3%
|
|
3.5%
|
|
5.0%
|
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-1.4%
|
|
-4.2%
|
Ten Years 2009 –
2018
|
|
6.0%
|
|
11.8%
|
|
3.4%
|
|
13.1%
|
|
11.0%
|
Twenty Years 1999 –
2018
|
|
7.6%
|
|
7.6%
|
|
4.2%
|
|
5.6%
|
|
3.1%
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According to the most recent edition of Mergent's Dividend
Achievers, Old Republic is listed in 56th place among just 105
qualifying publicly held companies, out of thousands considered,
that have posted at least 25 consecutive years of annual
dividend growth.
For Old Republic's latest news releases and
other corporate documents:
Please visit us at
www.oldrepublic.com
Alternatively, please write or call:
Investor Relations
Old Republic
International Corporation
307 North Michigan Avenue •
Chicago, IL
60601
312-346-8100
Further
Information
Contacts:
|
|
AT OLD
REPUBLIC:
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AT FINANCIAL
RELATIONS BOARD:
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Craig R. Smiddy,
President & CEO
|
Analysts/Investors:
Marilynn Meek
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(312)
346-8100
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212)
827-3773
|
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SOURCE Old Republic International Corporation