W. R. Berkley Corporation Increases Regular Quarterly Dividend and Declares Special Cash Dividend
Released : 05/16/2017
GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE:WRB) announced today that its
Board of Directors has voted to increase the regular cash dividend on
its common stock to an annual rate of 56 cents per share, representing a
7.7% increase from the present rate. The first quarterly dividend at the
new rate of 14 cents per share will be paid on July 5, 2017 to
stockholders of record at the close of business on June 15, 2017.
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 5, 2017 to
stockholders of record at the close of business on June 15, 2017.
Celebrating 50 years, 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. For further information
about W. R. Berkley Corporation, please visit www.wrberkley.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170516006705/en/
W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice
President – External Financial Communications
Source: W. R. Berkley Corporation