RenRe raises dividend for 17th year – The Royal Gazette | Bermuda News, Business, Sports, Events, & Community

Log In

Reset Password

RenRe raises dividend for 17th year

The board of directors of RenaissanceRe Holdings Ltd yesterday voted to increase the Bermuda reinsurer’s quarterly dividend to 27 cents per share on its common stock, from 26 cents per share.

The company has increased its dividend during each of the seventeen years since its initial public offering. The dividend is payable on March 30, 2012 to shareholders of record on March 15, 2012.

In addition, the board of directors approved an increase in RenaissanceRe’s stock repurchase programme, bringing the total current authorisation to $500 million.

You must be Registered or to post comment or to vote.

Published February 23, 2012 at 1:00 am (Updated February 23, 2012 at 8:07 am)

RenRe raises dividend for 17th year

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon