Sep 1, 2015

Buying Insurance - ORI (80 shares, $59 dividend income)

The market volatility (Dow -470pts ) on this 1st. day in Sept provided a lower entry to buy another Dividend Aristocrate for my income portfolio.

Old Republic International Corporation (NYSE: ORI) is one of the nation's 50 largest publicly held insurance organizations serving commercial, industrial and financial sectors.
This purchase will add $59/yr to the dividend income portfolio

Basic info:
Market CAP: 4B   EPS: $1.24   Dividend: $0.74 (4.71%)