The Travelers Companies, Inc. (NYSE:TRV) Declares Quarterly Dividend

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The Travelers Companies, Inc. (NYSE:TRV) declared quarterly dividend of $ 0.85 per share, or $ 3.40 annualized.

The dividend will be payable on December 31, 2020, to stockholders of record on December 10, 2020, with an ex-dividend date of December 9, 2020.

Dividends History
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Click Here For More Historical Dividends Of The Travelers Companies, Inc.

The Travelers Companies, Inc. recently reported third quarter financial results on October 20, 2020, before market open, commercial and personal property insurance provider unveiled income for the third quarter of $ 3.23 per share, from the revenue of $ 8,275.00 million, On adjusted basis, TRV reported income for the quarter of $ 3.12 per share. The quarterly earnings swell 115.33 percent while revenues raised 3.27 percent compared with the same quarter last year. According to street consensus, TRV was expected to report 3Q20 income of $ 3.16 per share from revenue of $ 7554.24 million. The bottom line results missed street analysts by $ 0.04 or 1.27 percent, at the same time, top line results outshined analysts by $ 720.76 million or 9.54 percent.

Stock Performance

Shares of The Travelers Companies, Inc. traded up $ 2.64 or 2.36 percent on Tuesday, reaching $ 114.48 with volume of 271.70 thousand shares. The stock opened positive for the day at $ 115.58, after closing the previous day trading at $ 111.84.

According to the previous trading day, closing price of $ 111.84, representing a 45.27 % increase from the 52 week low of $ 76.99 and a 21.17 % decrease over the 52 week high of $ 141.87.

The company has a market capital of $ 28.99 billion and is part of the Financial Services sector and Insurance – Property & Casualty industry.

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United states and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance. The Business Insurance segment offers workers compensation, commercial automobile and property, general liability, commercial multi-peril, employers liability, public and product liability, professional indemnity, marine, aviation, onshore and offshore energy, construction, terrorism, personal accident, and kidnap and ransom insurance products.