HCC Insurance increases dividend to 16.5c

theflyonthewall.com

HCC Insurance Holdings announced its 66th consecutive quarterly cash dividend. HCC's Board of Directors has declared a regular cash dividend of 16.5c per share on the Company's shares of $1.00 par value common stock. The dividend is payable to stockholders of record on October 1 and will be paid on or about October 15. "Marking the 16th consecutive year in which HCC has raised its cash dividend, this increase reflects our financial stability, operating performance and commitment to shareholder value," said John N. Molbeck, Jr., HCC's CEO.

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