W. R. Berkley Corporation's Board of Directors declared a special cash dividend of 50 cents per share on its common stock, payable on December 27, 2024. This marks the third special dividend declared by the company in 2024, reflecting a consistent approach to returning excess capital to shareholders.
In addition to the special dividend, the Board also declared a regular quarterly cash dividend of 8 cents per share, also payable on December 27, 2024. These dividends are for stockholders of record at the close of business on December 16, 2024.
Including these declarations and shares repurchased through September 30, 2024, the total capital returned to shareholders during 2024 amounts to approximately $768.2 million. This demonstrates the company's robust capital generation and commitment to shareholder value.
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