Chubb Limited (CB) will raise its quarterly dividend to $0.71 per share. The company's Board of Directors declared that shareholders of record at the close of business on June 30, 2017, will be entitled to payment of the first installment of $0.71 per share on July 21, 2017. This marks the 24th consecutive annual increase in the company's dividend.
Chubb Limited is a property and casualty insurance company. Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Companies. Chubb Limited, which is headquartered in Zurich, Switzerland, and its direct and indirect subsidiaries are a global insurance and reinsurance organization. The company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance. The company has paid a dividend to shareholders every year since 1993.