CHICAGO, July 9, 2020 /PRNewswire/ -- Old Republic
International Corporation (NYSE: ORI) — today announced that it
will hold a conference call on Thursday,
July 23, at 3:00 p.m. Eastern
time to discuss results for the second quarter and
first six months of 2020. The call can be accessed live on Old
Republic's website at www.oldrepublic.com or on a listen-only phone
line at 1-877-222-5769.
Investors may also access a replay of the call by dialing
1-844-512-2921, passcode 2201583, which will be available through
July 30, 2020. The replay will also
be available on Old Republic International's website through
August 22, 2020.
About Old Republic
Chicago-based Old Republic International
Corporation is one of the nation's 50 largest publicly held
insurance enterprises. It is a member of the Fortune 500
listing of America's largest companies. The Company is organized as
an insurance holding company whose subsidiaries actively market,
underwrite, and provide risk management services for a wide variety
of coverages mostly in the general and title insurance fields. A
long-term interest in mortgage guaranty and consumer credit
indemnity coverages has devolved to a run-off operating mode since
2012. Old Republic's general insurance business ranks among the
nation's 50 largest, while its title insurance operations are the
third largest in its industry.
The nature of Old Republic's business requires that it be
managed for the long run and its cash dividend policy reflects that
long-term orientation. The current annualized dividend rate of
$0.84 per share marks the 39th
consecutive year that Old Republic has boosted this rate, and 2020
becomes the 79th year of uninterrupted regular cash dividend
payments. The following table summarizes recent years' total book
and market returns, which includes the addition and reinvestment of
cash dividend payments, in comparison with the financial
performance of three selected indices similarly developed.
|
|
ORI
|
|
Selected Indices'
Compounded
|
|
|
Annual
|
|
Annual
|
|
Total Annual
Returns
|
|
|
Book Value
|
|
Market
Value
|
|
Nominal
|
|
|
|
|
|
|
Compounded
|
|
Compounded
|
|
Gross
|
|
S & P
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|
S & P
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|
|
Total
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|
Total
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Domestic
|
|
500
|
|
Insurance
|
|
|
Return
|
|
Return
|
|
Product
|
|
Index
|
|
Index
|
Ten Years 2000 –
2009
|
|
9.5%
|
|
7.4%
|
|
4.1%
|
|
-1.0%
|
|
-3.7%
|
Ten Years 2010 –
2019
|
|
7.7%
|
|
14.8%
|
|
4.0%
|
|
13.6%
|
|
12.4%
|
Twenty Years 2000 –
2019
|
|
8.6%
|
|
11.0%
|
|
4.1%
|
|
6.1%
|
|
4.1%
|
According to the most recent edition of Mergent's Dividend
Achievers, Old Republic is listed in 58th place among just 113
qualifying publicly held companies, out of thousands considered,
that have posted at least 25 consecutive years of annual
dividend growth.
For Old Republic's
latest news releases and other corporate documents:
Please visit us
at www.oldrepublic.com
|
_____________________________________________________
|
Alternatively,
please write or call:
Investor
Relations
Old Republic
International Corporation
307 North Michigan
Avenue • Chicago, IL 60601
312-346-8100
|
Further
Information Contacts:
|
AT OLD
REPUBLIC:
|
AT FINANCIAL
RELATIONS BOARD:
|
Craig R. Smiddy,
President & CEO
|
Analysts/Investors:
Marilynn Meek
|
(312)
346-8100
|
(212)
827-3773
|
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SOURCE Old Republic International Corporation