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W. R. Berkley board hikes quarterly dividend, declares special dividend

W. R. Berkley Corp.'s board has increased the company's quarterly cash dividend to 15 cents per share from 14 cents per share.

The dividend is payable July 5 to shareholders of record as of June 15.

The company's board has also declared a special cash dividend of 50 cents per common share.

The special dividend is payable June 18 to shareholders of record at the close of business June 11.