Chubb Extends Dividend Growth Streak to 33 Years With Proposed Increase

BenzingaBenzinga
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Key Takeaway

Chubb proposes its 33rd consecutive annual dividend increase to $4.08 per share, reflecting strong financial confidence and commitment to shareholder returns.

Chubb Extends Dividend Growth Streak to 33 Years With Proposed Increase

Chubb Limited's Board of Directors has announced its intention to recommend a 33rd consecutive annual dividend increase to shareholders at the company's 2026 Annual General Meeting. The proposed annual dividend of $4.08 per share represents an increase from the current quarterly rate of $0.97 per share, with the new annual amount to be distributed in four equal quarterly installments of $1.02 each.

The insurance and reinsurance company simultaneously declared its current quarterly dividend of $0.97 per share, which is scheduled for payment on April 6, 2026. This latest action underscores Chubb's sustained commitment to returning capital to shareholders through consistent dividend growth.

The proposed dividend increase, subject to shareholder approval at the 2026 Annual General Meeting, reflects the company's confidence in its financial position and ongoing operational performance. Chubb's three-decade track record of annual dividend increases places it among a select group of companies with extended records of shareholder distributions.

Source: Benzinga

Back to newsPublished Feb 26

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