By Colin Kellaher
Chubb's board is recommending that shareholders approve a 5.2% increase in the insurer's dividend at the annual investor meeting later this year.
The proposed new annual rate of $4.08 would equate to a yield of about 1.22% based on Wednesday's closing price of $334.54, up from 1.16%.
The Zurich-based property-and-casualty insurance giant on Thursday said the increase would mark the 33rd straight year it has boosted its dividend, with the quarterly payout moving to $1.02 from 97 cents.
The increase would keep Chubb's spot in the S&P 500 Dividend Aristocrats Index, whose 69 members have paid a higher dividend for at least 25 straight years.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 26, 2026 07:30 ET (12:30 GMT)
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