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Stock Market & Financial Investment News

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January 10, 2014
09:50 EDTACEACE shareholders approve 24% quarterly dividend increase to 63c per share
ACE Limited announced that its shareholders approved a resolution to increase the company’s quarterly dollar-denominated dividend by 24%, to 63c per share from 51c per share. The approved dividend increase will be distributed out of capital contribution reserves and will be in addition to the par value reduction approved by shareholders on May 16, 2013, for a total of 63c per share for each of the next two quarterly dividend installments. The first of these installments will be payable on January 31, to shareholders of record at the close of trading on the New York Stock Exchange on January 13.
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