Chubb Keeps Dividend Steady
Property and casualty insurance provider Chubbannounced today its third-quarter dividend of $0.44 per share, the same rate it's paid for the past two quarters after raising the payout 7% from $0.41 per share.
The board of directors said the quarterly dividend is payable on October 8 to holders of record at the close of business on September 20. The regular dividend payment equates to a $1.76-per-share annual dividend, yielding 2.1% based on the closing price today of Chubb's stock.
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