Old Republic International (NYSE: ORI) continues to set new highs in dividend payouts, with $1.16 per share over the past four quarters, a 9.4% increase. The insurer recently declared a special dividend of $2.50 per share, its highest in history. While its margins may not be flashy, the company focuses on long-term sustainability through various insurance products. Old Republic’s stock has risen approximately 90% in the last three years, reaching an all-time high of $46.64. Investment firm Piper Sandler raised its price target on the stock to $51, indicating room for growth as a strong dividend stock.

Read more at NASDAQ.: The Best Dividend Stock to Buy With $50 Right Now