ACE Limited Increases Quarterly Dividend.HAMILTON, Bermuda -- The Board of Directors of ACE Limited (NYSE NYSE See: New York Stock Exchange :ACE) today voted to increase the quarterly dividend to 27 cents per ordinary share from 25 cents per ordinary share, payable on July 13, 2007 to shareholders of record at the close of business on June 29, 2007. The Board of Directors also declared a dividend of $4.875 per Cumulative Redeemable Preferred Series C Share, payable on June 1, 2007 to shareholders of record at the close of business on May 31, 2007. This translates to 48.75 cents per Depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. Share. The ACE Group of Companies is a global leader in insurance and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. serving a diverse group of clients. Headed by ACE Limited, a component of the Standard & Poor's 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. in more than 50 countries. Additional information can be found at: www.acelimited.com. |
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