Old Republic International (ORI) will raise its quarterly dividend by 1.4 percent to $0.1875 per share in 2016. This follows a similar dividend hike from 18.25 cents to 18.5 cents per share quarterly last year.

Chicago-based Old Republic International Corporation is an insurance holding company. Old Republic is primarily a commercial lines underwriter serving the insurance needs of a large number of organizations, including many of America’s leading industrial and financial services institutions. Its subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields. Old Republic has paid a cash dividend without interruption since the World War II year of 1942. The company traces its beginnings to 1923, although several acquired subsidiaries began operations much earlier.