W.R. Berkley (WRB) will another special dividend of 50 cents per share in the fourth quarter of 2018. Earlier this year the quarterly dividend was hiked by 7.1 percent to $0.15 per share and two special dividends of $0.50 per share were paid by the insurance holding company.

This next special dividend of 50 cents per share will be paid together with the regular quarterly dividend of 15 cents on December 12, 2018 to stockholders of record at the close of business on November 28, 2018.

The regular annualized dividend of 60 cents per share yields 0.8% at a stock price of $78.41.

W. R. Berkley Corporation is an insurance holding company. The company operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. The insurance business consists of predominantly commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the United States, as well as insurance business in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia. The reinsurance business operates as reinsurance business on a facultative and treaty basis, primarily in the United States, United Kingdom, Continental Europe, Australia, the Asia-Pacific region and South Africa. Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States. The company has paid cash dividends each year since 1978.