Chubb Limited (NYSE:CB) will begin trading ex-dividend on September 17, 2020. The quarterly dividend payment of $ 0.78 per share is scheduled to be paid on October 9, 2020. The dividend yield based on the latest trading day closing price was 2.62 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Chubb Limited recently reported second quarter financial results on July 28, 2020, after market close, leader in property and casualty insurance communicated loss for the second quarter of $ 0.56 per share, from the revenue of $ 7,736.00 million. The quarterly revenues fell 0.36 percent compared with the same quarter last year. Wall street analysts are predicting, CB to report 2Q20 loss of $ 0.66 per share from revenue of $ 7696.00 million. The bottom line results beat street analysts by $ 0.1 or 15.15 percent, at the same time, top line results outshined analysts by $ 40.00 million or 0.52 percent.
Stock Performance
Shares of Chubb Limited traded low $ -2.99 or -2.45 percent on Thursday, reaching $ 119.23 with volume of 1.77 million shares. Chubb Limited has traded high as $ 123.54 and has cracked $ 119.08 on the downward trend
According to the previous trading day, closing price of $ 119.23, representing a 39.92 % increase from the 52 week low of $ 87.35 and a 27.14 % decrease over the 52 week high of $ 167.74.
The company has a market capital of $ 53.82 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.
Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The companys North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers compensation, package policies, and risk management; professional lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty; and group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda. Its North America Personal P&C Insurance segment provides affluent and high net worth individuals and families with homeowners, automobile and collector cars, valuable articles, personal and excess liability, travel insurance, and recreational marine insurance and services in the United States and Canada.
