The shareholders of ACE Limited (NYSE:ACE), at the extraordinary general meeting held on May 16, 2012, approved the Board’s proposal to hike quarterly dividend to 49 cents. The increased dividend represents a increase of 4.25% from 47 cents per share paid earlier.
The first increased dividend will be paid on August 2, 2012 to the shareholders of record on July 31, 2012.
On an annualized basis, ACE Limited will now pay a dividend of $1.96 per share, up from $1.88 per share. Previously, in January … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards