GREENWICH, Conn.--(BUSINESS WIRE)--W. R. Berkley Corporation (NYSE:WRB) announced today that its Board of Directors has declared a special cash dividend on its common stock of 50 cents per share to be paid on December 14, 2017 to stockholders of record at the close of business on November 30, 2017. Together with the 50 cents per share special dividend that was paid on July 5, 2017, this brings special dividends during 2017 to $1.00 per share.
In addition, the Board of Directors has declared a regular quarterly cash dividend on its common stock of 14 cents per share to be paid on December 14, 2017 to stockholders of record at the close of business on November 30, 2017.
Including $28.4 million of share repurchases through September 30, 2017, and $194.7 million of special and ordinary dividends declared in 2017, total capital returned to shareholders during 2017 is approximately $223.1 million.
Celebrating 50 years, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. For further information about W. R. Berkley Corporation, please visit www.wrberkley.com.