GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE: WRB) announced today that its
Board of Directors has declared a special cash dividend on its common
stock of 50 cents per share to be paid on December 12, 2018 to
stockholders of record at the close of business on November 28, 2018.
Together with the two 50 cents per share special dividends that were
paid on June 18, 2018 and October 3, 2018, this brings special dividends
during 2018 to $1.50 per share.
In addition, the Board of Directors has declared a regular quarterly
cash dividend on its common stock of 15 cents per share to be paid on
December 12, 2018 to stockholders of record at the close of business on
November 28, 2018.
Including all special and ordinary dividends declared to date in 2018
and share repurchases through September 30, 2018, total capital returned
to shareholders during 2018 is approximately $262 million.
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 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.
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W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice
President – External
Financial Communications
Source: W. R. Berkley Corporation