CHICAGO--(BUSINESS WIRE)--
On February 4, 2011, the Board of Directors of CNA Financial Corporation
(NYSE: CNA) declared a quarterly cash dividend on the Company’s common
stock in the amount of $0.10 per share, payable on March 2, 2011 to
shareholders of record on February 16, 2011.
“Following the fourth quarter redemption of the remaining 2008 Senior
Preferred Stock, we are very pleased to announce the restart of a common
stock dividend to our common shareholders,” said Thomas Motamed,
chairman and chief executive officer, CNA Financial Corporation. “This
demonstrates the progress we have made in restoring our financial
strength as we remain focused on delivering value to our shareholders.”
CNA also reports its fourth-quarter and full-year 2010 results on
Monday, February 7, 2011.
Serving businesses and professionals since 1897, CNA is the country’s
seventh largest commercial insurance writer and the 13th
largest property and casualty company. CNA’s insurance products include
standard commercial lines, specialty lines, surety, marine and other
property and casualty coverages. CNA's services include risk management,
information services, underwriting, risk control and claims
administration. For more information, please visit CNA at www.cna.com.
CNA is a registered trademark of CNA Financial Corporation.
FORWARD-LOOKING STATEMENT
This press release includes statements which relate to anticipated
future events (forward-looking statements) rather than actual present
conditions or historical events. You can identify forward-looking
statements because generally they include words such as “believes”,
“expects”, “intends”, “anticipates”, “estimates” and similar
expressions. Forward-looking statements, by their nature, are subject to
a variety of inherent risks and uncertainties that could cause actual
results to differ materially from the results projected. Many of these
risks and uncertainties cannot be controlled by CNA. For a detailed
description of these risks and uncertainties please refer to CNA’s
filings with the Securities and Exchange Commission, available at www.cna.com.
Any forward-looking statements made in this press release are made by
CNA as of the date of this press release. CNA does not have any
obligation to update or revise any forward-looking statement contained
in this press release, even if CNA’s expectations or any related events,
conditions or circumstances change.
Source: CNA Financial Corporation
Contact:
CNA Financial Corporation
Media Contacts:
Katrina Parker,
312-822-5167
Sarah Pang, 312-822-6394
or
Analysts
Contacts:
Nancy Bufalino, 312-822-7757
David Adams,
312-822-2183