CHICAGO, July 28 /PRNewswire/ -- The board of directors of Chicago Title
Corporation (NYSE: CTZ) declared a third quarter dividend on its common stock
of $0.36 per share. The third quarter dividend will be payable, in cash, on
September 15, 1999 to stockholders of record at the close of business on
September 1, 1999.
Under the Chicago Title Corporation Dividend Reinvestment/Stock Purchase
Plan, cash dividends can be automatically applied toward the purchase of
additional shares of Chicago Title common stock. Dividends are reinvested
without any brokerage commission or fees. Registered stockholders must
complete an authorization form and mail it to Harris Trust and Savings Bank to
participate in the plan. Harris Bank can be contacted at 877-424-1981.
Chicago Title was spun off by Alleghany Corporation on June 17, 1998
through the distribution of shares of Chicago Title stock to holders of
Alleghany stock. Chicago Title had its first day of regular trading on the
New York Stock Exchange on June 18, 1998.
Chicago Title Corporation is a leading national real estate services
company that provides a full range of services required to complete real
estate transactions. With over 340 full service offices, 10,000 employees and
4,300 policy-issuing agents nationwide, it provides title insurance, escrow,
closing services, property valuation, credit reporting, flood compliance, home
warranty, default management and real estate information and technology
services. Chicago Title is the parent of Chicago Title and Trust Company,
Chicago Title Insurance Co., Ticor Title Insurance Co. and Security Union
Title Insurance Co. A comprehensive package of real estate services is
available through CastleLink(SM), which delivers title products as well as the
products of Chicago Title Flood Services, Inc., Chicago Title Credit Services
Inc., Chicago Title-Market Intelligence Inc., Chicago Title Field Services
Inc. and Consolidated Reconveyance.
The statements made in this press release contain certain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that involve a number of
uncertainties and risks that could significantly affect current plans and
anticipated actions and Chicago Title's future financial condition and
results. In addition to the matters described in this press release, risk
factors listed from time to time in Chicago Title's reports and filings with
the Securities and Exchange Commission may affect the results achieved by
Chicago Title.
For more information on Chicago Title Corporation via fax, free of charge,
dial 1-800-PRO-INFO and enter the ticker "CTZ"
SOURCE Chicago Title Corporation
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Related links:
http://www.ctt.com
CONTACT:
Analysts, Toshie Y. Davis, Vice President,
Investor Relations, 312-223-4788, or Media, Barbara Harms, Vice
President, Corporate Communications, 312-223-2461, both of
Chicago Title Corporation
NOTE TO EDITORS: For further information on Chicago Title's
products and services, visit the web site at http://www.ctt.com
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