RenaissanceRe Holdings (RNR) will raise its quarterly dividend by 3.0 percent to $0.34 per share in 2019. This will mark the 23rd consecutive year of annual dividend increases by the reinsurer.
The dividend is payable on March 29, 2019, to shareholders of record on March 15, 2019. A new annualized dividend rate of $1.36 per share yields 1.0% at a stock price of $141.90.
The Company has increased its dividend during each of the twenty-four years since its initial public offering.
RenaissanceRe Holdings Ltd. is a global provider of reinsurance and insurance. The Company's products include property, casualty and specialty reinsurance and certain insurance products principally distributed through intermediaries.
2022