Old Republic International Corp. Announces Quarterly Dividend of $0.18 (ORI)
Old Republic International Corp. (NYSE:ORI) announced a quarterly dividend on Thursday, August 21st, StockRatingsNetwork.com reports. Investors of record on Friday, September 5th will be paid a dividend of 0.1825 per share on Monday, September 15th. This represents a $0.73 annualized dividend and a dividend yield of 4.89%.
Old Republic International Corp. (NYSE:ORI) traded up 0.58% on Thursday, hitting $15.027. The stock had a trading volume of 200,306 shares. Old Republic International Corp. has a 1-year low of $13.74 and a 1-year high of $17.45. The stock’s 50-day moving average is $15.55 and its 200-day moving average is $16.08. The company has a market cap of $3.886 billion and a P/E ratio of 9.32.
Old Republic International Corp. (NYSE:ORI) last announced its earnings results on Thursday, July 24th. The company reported $0.24 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.03. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the previous year, the company posted $0.25 earnings per share. The company’s revenue for the quarter was down 8.7% on a year-over-year basis. On average, analysts predict that Old Republic International Corp. will post $0.93 earnings per share for the current fiscal year.
Old Republic International Corporation (NYSE:ORI) is a holding company engaged in the single business of insurance underwriting.
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