CHICAGO, April 8, 2021 /PRNewswire/ -- Old
Republic International Corporation (NYSE: ORI) — today
announced that it will hold a conference call on Thursday, April 22, at 3:00 p.m. Eastern time to discuss results for the
first quarter of 2021. The call can be accessed live on Old
Republic's website at www.oldrepublic.com or on a listen-only phone
line at 1-833-494-1487.
Investors may also access a replay of the call by dialing
1-800-585-8367, passcode 1786949, which will be available through
April 29, 2021. The replay will also
be available on Old Republic International's website through
May 21, 2021.
About Old Republic
Chicago-based Old Republic
International Corporation is one of the nation's 50 largest
shareholder-owned insurance businesses. 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 in recent years. 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
this long-term orientation. The current annualized dividend rate of
$0.88 per share marks the 40th
consecutive year that Old Republic has boosted this rate, and 2021
becomes the 80th year of uninterrupted regular cash dividend
payments. Here's a summary of 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
|
|
S & P
|
|
Compounded
|
Compounded
|
Gross
|
S & P
|
P&C
|
|
Total
|
Total
|
Domestic
|
500
|
Insurance
|
|
Return
|
Return
|
Product
|
Index
|
Index
|
Ten Years 2001 –
2010
|
8.0%
|
1.9%
|
3.9%
|
1.4%
|
1.0%
|
Ten Years 2011 –
2020
|
8.8%
|
9.9%
|
3.3%
|
13.9%
|
14.3%
|
Twenty Years 2001 –
2020
|
8.4%
|
5.8%
|
3.6%
|
7.5%
|
7.4%
|
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
At Old
Republic:
|
At Financial
Relations Board:
|
Craig R. Smiddy,
President and CEO
|
Analysts/Investors:
Joe Calabrese 212/827-3772
|
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SOURCE Old Republic International Corporation