W. R. Berkley Declares Special Cash Dividend On Its Common Stock Of $0.50 Per Share
Portfolio Pulse from Benzinga Newsdesk
W. R. Berkley has declared a special cash dividend of $0.50 per share on its common stock, to be paid on October 4, 2023, to stockholders of record on September 25, 2023. Additionally, a regular quarterly cash dividend of 11 cents per share has been declared, also to be paid on October 4, 2023.
September 13, 2023 | 8:17 pm
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POSITIVE IMPACT
W. R. Berkley's declaration of a special cash dividend and a regular quarterly dividend could potentially attract investors, leading to a positive impact on its stock price.
Dividends are a way for companies to distribute profits back to shareholders, which can make the company's stock more attractive to investors. This could potentially lead to increased demand for the stock, and thus a rise in its price.
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