W. R. Berkley Corporation Declares Special Dividend and Regular Quarterly Dividend
GREENWICH, Conn.--(BUSINESS WIRE)--Nov 9, 2018--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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CONTACT: W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
Vice President – External
KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT BANKING FINANCE INSURANCE CONSTRUCTION & PROPERTY
SOURCE: W. R. Berkley Corporation
Copyright Business Wire 2018.
PUB: 11/09/2018 09:13 AM/DISC: 11/09/2018 09:12 AM