Released : 11/04/2016
GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE:WRB) announced today that
its Board of Directors has declared a special cash dividend on its
common stock of 50 cents per share to be paid on November 21, 2016 to
stockholders of record at the close of business on November 14, 2016.
Together with the 50 cents per share special dividend that was paid on
October 5, 2016, this brings special dividends during 2016 to $1.00 per
In addition, the Board of Directors has declared a regular quarterly
cash dividend on its common stock of 13 cents per share to be paid on
December 15, 2016 to stockholders of record at the close of business on
December 1, 2016.
Including $99.9 million of share repurchases through September 30, 2016,
and $184 million of special and ordinary dividends declared in 2016,
total capital returned to shareholders during 2016 is $284 million.
Founded in 1967, W. R. Berkley Corporation is an insurance holding
company that is among the largest commercial lines writers in the United
States and operates worldwide in two segments of the property casualty
business: Insurance and Reinsurance.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161104005769/en/
W. R. Berkley Corporation
Karen A. Horvath, 203-629-3000
President – External
Source: W. R. Berkley Corporation