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Old Republic International Corporation Declares Cash Dividend on Common Stock
CHICAGO, Aug. 24 /PRNewswire-FirstCall/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 15 cents per share. This dividend is payable September 15, 2006, to shareholders of record on September 5, 2006.
Old Republic International has paid cash dividends on its common stock for the past 65 years without interruption, and has raised the annual payout for twenty-five consecutive years, most recently in March of this year. The Company currently has approximately 230.2 million common shares outstanding.
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 billion and capitalization of $4.27 billion. Its current stock market valuation is approximately $4.81 billion.SOURCE Old Republic International Corporation
CONTACT: A.C. Zucaro, Chairman & CEO of Old Republic, +1-312-346-8100; or Analysts-Investors, Leslie Loyet, +1-312-640-6672, firstname.lastname@example.org , or Media Inquiries, Tim Grace, +1-312-640-6667, email@example.com , both of Financial Relations Board