While reporting financial results for the first quarter on Tuesday, property casualty insurer Travelers Companies, Inc. (TRV) announced that its Board of Directors declared a 4 percent higher regular quarterly cash dividend of $0.88 per share, payable on June 30, 2021, to shareholders of record at the close of business on June 10, 2021.

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RTTNews | Apr 20, 2021 07:13AM EDT

07:12 Tuesday, April 20, 2021 (RTTNews.com) - While reporting financial results for the first quarter on Tuesday, property casualty insurer Travelers Companies, Inc. (TRV) announced that its Board of Directors declared a 4 percent higher regular quarterly cash dividend of $0.88 per share, payable on June 30, 2021, to shareholders of record at the close of business on June 10, 2021.

The Board of Directors also authorized an additional $5.0 billion of share repurchases. This amount is in addition to the $805 million that remained from previous authorizations as of March 31, 2021. This authorization does not have a stated expiration date.

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