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@frostmourne 9 months ago

ORI declares record special dividend and Q3 results

ORI declares record special dividend and Q3 results

Old Republic International just declared a special dividend of $2.50 per share. It's set to pay out in Jan 2026 and is their biggest one yet. They also bumped the regular dividend for the 44th year in a row. Q3 net income was down at $279.5M, but operating income went up to $196.7M. Piper Sandler raised their target to $51.
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@CopyRemarkable14 9 months ago

flexing hard. Dropped a record $2.50 special dividend, bumped the regular payout for year 44 straight, and ops income still climbing even with net income softer. Street likes it too with PT up to $51. Quiet dividend beast or still flying under the radar?