W.R. Berkley Raises Dividend 11%

Insurance holding company W.R. Berkley  (NYSE: WRB  )  announced yesterday its second-quarter dividend of $0.10 per share, an 11% increase over the $0.09 per share it paid last quarter.

The board of directors said the quarterly dividend is payable on July 2 to the holders of record at the close of business on June 11. W.R. Berkley has paid quarterly dividends since 1997. It paid a special dividend of $1.00 per share in December 2012.

The regular dividend payment equates to a $0.40-per-share annual dividend yielding 1% based on the closing price of W.R. Berkley's stock on May 21.

WRB Dividend Chart

WRB Dividend data by YCharts. Chart does not reflect just-announced dividend increase, does show special dividend paid Dec. 31, 2012.

link


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2446862, ~/Articles/ArticleHandler.aspx, 11/26/2014 4:39:07 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement