WRB stock dividend – W.R. Berkley Increases Quarterly Dividend by 10%: Now Paying $0.11/Share
June 15, 2023
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The company is headquartered in Greenwich, Connecticut and has a significant presence in the United States, Canada, Europe, and Latin America. The company has recently announced an increase in their quarterly dividend to $0.11 per share, representing a 10% rise. The increase in W. ($NYSE:WRB)R. Berkley’s dividend is reflective of the company’s strong financial performance. The dividend increase is also indicative of W.R. Berkley’s commitment to shareholder value, as it demonstrates the company’s confidence in its future prospects and long-term growth potential.
The increase in W.R. Berkley’s dividend provides investors with an attractive yield and is expected to be well received by shareholders. Investors are seeing increasingly attractive returns on their investments in W.R. Berkley stock, as the company’s strong financial performance and commitment to shareholder value continues to generate favorable returns for its shareholders.
Dividends – WRB stock dividend
Additionally, the dividend yield for W. R. BERKLEY from 2021 to 2023 is expected to be 0.59%, 0.58%, and 0.71% respectively, resulting in an average dividend yield of approximately 0.63%. This increase in the quarterly dividend could be seen as a sign of the company’s confidence in its financial stability and the current state of the economy.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for WRB. More…
| Total Revenues | Net Income | Net Margin |
| 11.18k | 1.08k | 9.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for WRB. More…
| Operations | Investing | Financing |
| 2.57k | -1.89k | -771.99 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for WRB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 34.3k | 27.35k | 25.51 |
Key Ratios Snapshot
Some of the financial key ratios for WRB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.7% | – | 13.3% |
| FCF Margin | ROE | ROA |
| 22.5% | 13.8% | 2.7% |
Analysis – WRB Stock Fair Value
At GoodWhale, we have conducted an in-depth analysis of W. R. BERKLEY’s financials. After multiple rounds of rigorous evaluation and calculations, we have determined that the intrinsic value of W. R. BERKLEY share is approximately $64.4. This figure is calculated by our proprietary Valuation Line, which evaluates various aspects of the company such as its revenue, expenses, growth rate and many more. Currently, W. R. BERKLEY stock is traded at $56.5 in the market, which is lower than the intrinsic value by 12.2%. This implies that the stock is currently undervalued and this may be a good opportunity for investors who are looking to buy into the stock. More…
Peers
WR Berkley Corp is one of the world’s leading insurance companies. Its competitors are Shinkong Insurance Co Ltd, First Insurance Co Ltd, PT Asuransi Ramayana Tbk.
– Shinkong Insurance Co Ltd ($TWSE:2850)
Shinkong Insurance Co Ltd is a Taiwanese insurance company with a market cap of $14.72 billion as of 2022. The company offers a wide range of insurance products, including life, health, and property & casualty insurance. It also has a strong presence in the Taiwanese financial services industry, with a wide network of branches and agents.
– First Insurance Co Ltd ($TWSE:2852)
First Insurance Company is a large insurance company with a market capitalization of 4.14 billion. The company has a return on equity of 6.44%. The company provides insurance products and services to individuals and businesses.
– PT Asuransi Ramayana Tbk ($IDX:ASRM)
Ramayana Insurance is an Indonesian insurance company with a market cap of 482.29B as of 2022. The company has a Return on Equity of 7.88%. Ramayana Insurance offers a variety of insurance products, including life, health, and motor insurance. The company also offers a range of investment products.
Summary
W. R. Berkley, a publicly traded insurance holding company, recently announced an increase in its quarterly dividend of 10% to $0.11 per share. This decision reflects the company’s strong financial position and shows that its management is confident in their abilities to continue growing their business. For investors, this reveals a potential opportunity for increased returns on their investments in the company.
The dividend increase could be especially beneficial for long-term investors seeking to accumulate wealth through dividends over time. Furthermore, the company’s ability to raise its dividend despite the current economic uncertainty is a positive sign for future performance of the stock.
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