By Sabela Ojea

 

Chubb said Wednesday that shareholders approved raising the company's quarterly dividend by 3.6%.

The property and casualty insurance company said its payout to shareholders has been increased to $3.44 a share from $3.32 a share previously.

This marks the 30th consecutive annual increase in the company's dividend, Chubb added.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

May 17, 2023 16:42 ET (20:42 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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