Travelers Companies Sees Boost from Strong Earnings and New Investor Interest
Trust Co. of Vermont recently purchased a new position in The Travelers Companies, Inc. (NYSE:TRV) during the second quarter. According to the company's most recent filing with the Securities and Exchange Commission, Trust Co. of Vermont bought 6,280 shares of the insurance provider's stock, valued at approximately $2,073,000.
Travelers Companies recently reported its quarterly earnings data on July 17th, beating analyst estimates with an EPS of $10.04. The company's revenue for the quarter was up 0.3% compared to the same period last year, reaching $12.15 billion. Travelers' underwriting discipline has been praised by analysts, who note that the company is well-positioned for future growth.
The insurance provider also recently announced a quarterly dividend of $1.25 per share, payable on September 30th to investors of record on September 10th. The ex-dividend date for this payment is set for September 10th.