The Best Dividend Stock to Buy With $50 Right Now

Core Insights - Old Republic International has consistently increased its dividend payouts, with a recent total of $1.16 per share over the last four fiscal quarters, marking a 9.4% increase from the previous period [2] - The company declared a special dividend of $2.50 per share, the highest in its history, to be paid on January 14, 2026 [2] - Old Republic operates as a significant commercial underwriter in the U.S. and offers various specialty insurance products, including commercial liability and aviation insurance [3] Financial Performance - In Q3 2025, Old Republic reported a net income of $279.5 million, a decrease from $338.9 million in the same quarter the previous year [5] - However, net operating income increased from $182.7 million to $196.7 million, indicating strong underlying insurance operations [5] - The company's conservative approach has led to a stock price increase of approximately 90% over the last three years, with a current price of $46.62 and a year-to-date increase of 25% [7] Market Position - Old Republic's market capitalization stands at $12 billion, with a dividend yield of 2.49% [7] - Investment firm Piper Sandler has raised its price target for the stock from $46 to $51, indicating optimism about the company's growth potential [7]