W. R. Berkley Corporation Increases Dividend 8%
Released : 05/25/2016
GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE:WRB) announced today that
its Board of Directors has voted to increase the cash dividend to an
annual rate of 52 cents per share, representing an 8% increase from the
present rate. The first quarterly dividend at the new rate of 13 cents
per share will be paid on July 5, 2016 to stockholders of record at the
close of business on June 15, 2016.
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 in two segments of the property casualty business:
Insurance and Reinsurance.
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W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice
President – External
Financial Communications
Source: W. R. Berkley Corporation