GREENWICH, Conn.--(BUSINESS WIRE)--Nov 8, 2019--
W. R. Berkley Corporation (NYSE: WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 75 cents per share to be paid on December 11, 2019 to stockholders of record at the close of business on November 22, 2019. Together with the 50 cents per share special dividend that was paid on July 2, 2019, this brings special dividends during 2019 to $1.25 per share.
In addition, the Board of Directors has declared a regular quarterly cash dividend on its common stock of 11 cents per share to be paid on December 11, 2019 to stockholders of record at the close of business on November 22, 2019.
Including all special and ordinary dividends declared to date in 2019, total capital returned to shareholders during 2019 is approximately $308 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 & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.
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CONTACT: Karen A. Horvath
Vice President – External
KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: PROFESSIONAL SERVICES SMALL BUSINESS INSURANCE FINANCE CONSULTING BANKING ACCOUNTING
SOURCE: W. R. Berkley Corporation
Copyright Business Wire 2019.
PUB: 11/08/2019 12:11 PM/DISC: 11/08/2019 12:11 PM