PartnerRe PRE today announced that its Board of Directors has increased the annual dividend to $2.40 per common share, from $2.20 per common share. This is the eighteenth consecutive year that the Company has increased the common share dividend since its inception in 1993.
Today, the Board declared a regular quarterly dividend of $0.60 per common share. The dividend will be payable on June 1, 2011, to common shareholders of record on May 20, 2011, with the stock trading ex-dividend commencing May 18, 2011.
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