Old Republic Declares Cash Dividend On Common Stock

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Old Republic International Corporation

Dec 09, 2010, 04:19 ET

CHICAGO, Dec. 9, 2010 /PRNewswire-FirstCall/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 17.25 cents per share. This dividend is payable December 15, 2010, to shareholders of record on December 6, 2010.

2010 marks the 69th year of uninterrupted cash dividend payments, and the 29th consecutive year that Old Republic has boosted its annualized cash dividend rate.

About Old Republic

Chicago-based Old Republic International Corporation is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages, principally in the property and liability, mortgage guaranty and title insurance fields. One of the nation's 50 largest publicly owned insurance organizations, Old Republic has assets of approximately $13.9 billion and common shareholders' equity of nearly $4.0 billion or $17.05 per share. Its current stock market valuation is approximately $3.1 billion or $12.91 per share. The Company currently has approximately 258.8 million common shares outstanding.

For the latest news releases and other corporate documents on Old Republic International visit www.oldrepublic.com

SOURCE Old Republic International Corporation