Chubb Ltd(NYSE:CB) Declares Dividend of $0.6900.

Chubb Ltd (NYSE:CB) had declared a cash dividend of $0.6900 on Nov 17, 2016. The shares will quote ex-dividend on Dec 28, 2016 and the record date has been fixed for Dec 30, 2016. On Nov 17, 2016 share price, the yield comes out to be 2.2020%. The dividend payable date has been fixed on Jan 20, 2017.

In a different note, On Sep 30, 2016, Barclays said it Maintains its rating on Chubb Ltd. In the research note, the firm Raises the price-target to $133.00 per share. The shares have been rated ‘Overweight’ by the firm.

Chubb Ltd (CB) made into the market gainers list on Mondays trading session with the shares advancing 0.77% or 0.96 points. Due to strong positive momentum, the stock ended at $126.3, which is also near the day’s high of $126.73. The stock began the session at $125.63 and the volume stood at 19,89,656 shares. The 52-week high of the shares is $131 and the 52 week low is $106.82. The company has a current market capitalization of $58,772 M and it has 46,53,39,150 shares in outstanding.

Chubb Ltd(CB) last announced its earnings results on Oct 25, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $7.69B. Analysts had an estimated revenue of $7.24B. Earnings per share were $2.88. The reported EPS was above estimates by $0.33 or 12.94%. Analysts had estimated an EPS of $2.55.

Several Insider Transactions has been reported to the SEC. On Oct 12, 2016, David H Sidwell (director) purchased 830 shares at $124.90 per share price.Also, On Aug 4, 2016, Robert W Scully (director) purchased 10,725 shares at $125.93 per share price.On Aug 4, 2016, Sean Ringsted (EVP, Chief Risk Officer and*) sold 15,570 shares at $125.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Chubb Ltd formerly ACE Ltd is a Switzerland-based insurance and reinsurance company. The Company offers commercial and personal property and casualty insurance personal accident and supplemental health insurance travel accident insurance specialty coverage insurances recreational marine and aviation insurance agricultural insurance as well as reinsurance and life insurance. It mainly serves multinational companies small and medium-sized enterprises as well as high net worth individuals. The Company maintains executive offices in Zurich New York and London among others and is present in Latin America North America Asia Europe and Africa. It came into being from a merger of ACE Ltd and Chubb Corp.

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