W. R. Berkley: A Special Dividend Market-Beater

Cheap market-beating stocks that routinely pay special dividends.

The insurance sector is filled with them.

Case in point, W. R. Berkley ($WRB).

This is a stock most investors have never heard of and it trades at a below-market valuation. Yet, W. R. Berkley has delivered an average annual total return of 18% over the past decade.

On top of this, W. R. Berkley routinely issues multiple special dividend payments every year.

And, the company provides inflation-beating double-digit dividend growth.

W. R. Berkley Business And Fundamentals

W. R. Berkley is a niche insurance provider dating back to 1967. Like many insurance companies, W. R. Berkley has two primary sources of income: the insurance business itself and the “float” portfolio.

Insurance companies are allowed to reinvest a portion of the premiums they collect.

Done conservatively, this creates a low-risk source of passive income.

Imagine that you are given $100 million. You must eventually repay this money, but you can keep any interest it generates. Parking this money into a low-risk investment like government treasury bills would net you a $4 million…