Travelers Raises Quarterly Dividend by 6.5% to 82 Cents
April 18 2019 - 06:43AM
Dow Jones News
By Colin Kellaher
Travelers Cos. (TRV) on Thursday said its board raised the
quarterly dividend by 6.5% to 82 cents from 77 cents.
The new payout, equal to $3.28 a year, represents an annual
yield of about 2.41% based on Wednesday's closing price of $135.87,
up from about 2.27%.
The New York insurance company said the increased dividend is
payable June 28 to shareholders of record June 10.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 18, 2019 07:28 ET (11:28 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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