ORI - Old Republic International: Reliable Income But Fully Valued

• Old Republic International benefits from the diversification of offering both general insurance such as property & casualty, as well as being a major provider of title insurance.
• The board has approved large special dividends multiple times since 2018, and the regular dividend currently yields 3.5%.
• However, there is no discount to book value, and with the possibility of the title insurance losing ground as home sales slow, there is enough downside risk to remain cautious.

For further details see: