Chubb Limited (CB) will raise its quarterly dividend by 2.7 percent to $0.75 per share in 2019. Last year the insurer also hiked its dividend by 2 cents to $0.73 per share. This marks the 26th consecutive year of annual dividend increases by the insurance company.

The next dividend will be paid on July 12, 2019 to shareholders of record on June 21, 2019. A new annual rate of $3.00 per share yields 2.1% at a stock price of $145.

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.