OLD REPUBLIC ANNOUNCES SPECIAL DIVIDEND
Portfolio Pulse from
Old Republic International Corporation (NYSE: ORI) has announced a special cash dividend of $2.00 per share, returning approximately $500 million to shareholders. The dividend is payable on January 15, 2025, to shareholders of record on January 3, 2025.
December 13, 2024 | 12:15 pm
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POSITIVE IMPACT
Old Republic International Corporation has declared a special cash dividend of $2.00 per share, distributing approximately $500 million to shareholders. This move is likely to attract investor interest and potentially increase the stock price in the short term.
The announcement of a special dividend is a positive signal to the market, indicating strong financial health and shareholder value return. This is likely to attract investors looking for income, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100