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Stock Market & Financial Investment News

News Breaks
May 15, 2014
11:45 EDTACEACE Limited raises annual dividend 3% to $2.60 per share
ACE Limited announced that its shareholders have approved all matters submitted to the ACE Limited 2014 Annual General Meeting, held at the company’s offices in Zurich, Switzerland, including a 3% increase to the company’s quarterly dividend to $2.60 annually, or 65c per quarter per share. This increase follows a 24% increase in the quarterly dividend that was approved by shareholders on January 10. The dividend distribution will be in the form of a par value reduction payable in four installments. The amount of each installment in Swiss francs will be adjusted up or down to equal 65c near the time of payment, subject to an aggregate cap for the four installments of CHF 3.42 per share. In addition, the Board of Directors declared that shareholders of record at the close of business on July 23, will be entitled to payment of the first of such installments, subject to a required filing with the Swiss Commercial Register. This dividend payment will be made in U.S. dollars on August 13, by the company’s transfer agent. The company’s par value is currently CHF 26.59 per share, and in connection with the dividend installment, the par value per share will be reduced by the CHF equivalent of 65c based on the USD/CHF rate published on July 16.
News For ACE From The Last 14 Days
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April 24, 2015
16:05 EDTACEACE Limited announces retirement of Chief Auditor Julie Schaekel
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April 22, 2015
05:31 EDTACEACE Global to offer increased capacity of up to $100M for fine art insurance
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April 21, 2015
17:23 EDTACEACE Limited reports Q1 operating EPS $2.25, consensus $2.22
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15:28 EDTACENotable companies reporting after market close
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April 20, 2015
11:01 EDTACEACE Limited appoints Rees Fletcher Chairman
Rees Fletcher has been named Chairman of ACE Bermuda. Fletcher joined ACE Bermuda 26 years ago, rising to the position of Senior Vice President, Excess Liability.
05:53 EDTACEACE Limited launches cyber risk insurance proposition for Sweden
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April 15, 2015
10:36 EDTACEBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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