W. R. Berkley Corporation announced that its Board of Directors had voted to increase the cash dividend to the annual rate of 40 cents per share from the previous rate of 36 cents. “This represents an 11 percent increase over the prior year’s rate,” said the announcement.
The first quarterly dividend at the new rate of 10 cents per share will be paid on April 1, 2003 to stockholders of record at the close of business on March 25, 2003.
Was this article valuable?
Here are more articles you may enjoy.
Top National Insurance Journal Stories of 2025 
US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed 
Stepbrother Suspect in Cruise Ship Death Says He Doesn’t Remember Anything 
Freight Broker Says $400K in Lobster Meat Stolen in Fictitious Pickup 
