Old Republic International Corporation Declares Quarterly Dividend of $0.315 Per Share
Old Republic International Corporation (ORI) has announced a quarterly dividend of $0.315 per share, maintaining its previous payout levels. The distribution represents a forward dividend yield of 3.15%. Shareholders of record as of December 4 will receive the payment on December 15. Beyond the dividend announcement, the company is navigating various operational shifts, including expectations for auto warranty annual premiums to reach between $600 million and $700 million in the coming years. However, recent commentary suggests the firm faces ongoing underwriting pressure despite stock buyback efforts.
Tickers: $ORI
Topics: auto warranty premiums dividend declaration quarterly earnings title insurance