Chubb-CB Raises Dividend, Okays Buyback: Is the Stock a Buy Now?

Chubb Limited’s (CB) board of directors recently approved a 6.6% hike in its dividend to $3.88 per share or 97 cents per share quarterly. The meatier dividend will be paid out on July 3, 2025, to shareholders of record as of June 30, 2025. The company’s existing dividend yield of 1.3% is better than the industry average of 0.3%, which makes the stock an attractive pick for yield-seeking investors.Management also authorized a new$ 5 billion share repurchase program effective July 1, 2025. The existing approv ...