Our parent Company, Old Republic International Corporation (ORI), today announced its Board of Directors has declared a regular quarterly cash dividend on the common stock of 24.5 cents per common share. This dividend is payable on September 15, 2023. Subject to Board approval each quarter, the full year's cash dividend will amount to 98 cents per share compared to 92 cents paid in 2022.
The current annualized rate of 98 cents per share marks the 42nd consecutive year that Old Republic has increased this rate, and 2023 becomes the 82nd year of uninterrupted regular cash dividend payments. For more details, review the complete news release from ORI.