Navigators to pay first ever dividend

Navigators Group today (26 May) declared a quarterly cash
dividend of 9 cents per share, ending its longstanding tradition of
retaining all of its earnings to compound book value.
The dividend will be paid on 15 July to all shareholders of
record at the close of business on 20 June.
The first dividend payment in the company's history
coincides with the 30th anniversary of its listing on the Nasdaq
Exchange on 20 June.
"Our board's decision to initiate a dividend...