Mon May 19 14:20:00 UTC 2025: **Summary:**
Chubb Limited (NYSE:CB) has announced a 6.6% increase in its quarterly dividend to $0.97 per share, marking its 32nd consecutive year of dividend growth. The company also authorized a new $5 billion stock repurchase program, effective July 1, and repurchased 1.35 million shares for $385 million in the first quarter of 2025. These actions reinforce Chubb’s commitment to returning value to its shareholders, building upon its strong dividend policy and impressive shareholder returns.
**News Article:**
**Chubb Boosts Dividend, Announces $5 Billion Stock Buyback Program**
**Zurich, Switzerland -** Chubb Limited (NYSE:CB) is rewarding its shareholders with a significant dividend increase and a new stock repurchase program. The property and casualty insurance giant announced on May 15 a 6.6% hike in its quarterly dividend, bringing it to $0.97 per share. This increase extends Chubb’s impressive dividend growth streak to 32 years, solidifying its status as a Dividend Aristocrat.
The stock will trade ex-dividend on June 13, and as of May 16, it boasts a dividend yield of 1.32%. Over the past five years, Chubb has achieved a nearly 4% dividend growth rate, contributing to strong shareholder returns. The stock has already surged by 8% since the beginning of 2025.
In addition to the dividend increase, Chubb’s board has approved a new $5 billion stock repurchase program, set to commence on July 1. The company’s existing buyback plan remains in effect until the end of June. During the first quarter of 2025, Chubb repurchased 1.35 million shares for $385 million, leaving $1.3 billion available for future buybacks as of March 31.
Chubb reported an adjusted operating cash flow of $2 billion for the first quarter of 2025 and distributed $366 million in dividends. These announcements demonstrate Chubb’s ongoing commitment to creating value for its shareholders.