RenaissanceRe Holdings (RNR) will raise its quarterly dividend by 2.8 percent to $0.37 per share in 2022. This comes on the back of 2.9 percent dividend hikes in both 2020 and 2021 by RNR. This will mark the 27th consecutive year of annual dividend increases by the reinsurer. 

The next RNR dividend of 37 cents per share is payable on March 31, 2022, to shareholders of record on March 15, 2022. A new annualized dividend rate of $1.48 per share yields 1.0% at a stock price of $154. The next ex-dividend date for RNR is March 14, 2022. If we include this new dividend hike just announced for 2022 RenaissanceRe Holdings will pay shareholders an estimated $68 million in dividends annually. 

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.  The company's segments include Property; Casualty and Specialty, and Other. The Property segment consisted of catastrophe and other property reinsurance and insurance written on behalf of its operating subsidiaries and certain joint ventures managed by its ventures unit. The Casualty and Specialty segment consisted of casualty and specialty reinsurance and insurance written on behalf of its operating subsidiaries and certain joint ventures managed by its ventures unit. Established in 1993, the company has offices in Bermuda, Australia, Ireland, Singapore, Switzerland, the United Kingdom and the United States. RenaissanceRe Holdings