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RenaissanceRe Holdings Ltd. (NYSE:RNR) voted today to increase the company’s quarterly dividend from $0.36 per common share to $0.37 per common share.
The company has increased its dividend every year in the 27 years since its IPO. The dividend will be paid on March 31, 2022 to shareholders of record on March 15, 2022.
In addition, the Board of Directors approved an update to RenaissanceRe’s authorized stock repurchase program, bringing the total current authorization to $500 million, including the remaining amount under the previous authorization. The program will expire when the company buys back the full value of…
The full story is available on Benzinga.com
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