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URL:  https://boards.fool.com/ot-wrberkley-special-dividend-33144909.aspx

Subject:  OT W.R.Berkley Special Dividend Date:  8/9/2018  2:11 PM
Author:  rnam Number:  238086 of 256657

W.R. Berkeley again announced semi-annual special dividends of $0.50/share, in addition to the regular annual dividend of $0.60/share. This is the third year that they have done that.

Management probably doesn't think shares are trading at a discount to IV, so issue special dividends instead. With shares trading above PB of 1.7, they are probably right.

http://news.morningstar.com/all/ViewNews.aspx?article=/BW/BW...
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