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renaissancere reports strong earnings and increases quarterly dividend payout
RenaissanceRe Holdings Ltd. reported a quarterly EPS of $8.06, surpassing estimates, with a net margin of 15.99% and a return on equity of 23.41%. The company announced a dividend increase to $0.40 per share, reflecting a 0.67% yield, and has a current market cap of $11.80 billion. Analysts maintain a "Hold" rating with a consensus target price of $279.90.
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