logo
2025 Travelers Championship Generates More Than $4 Million for Charity

2025 Travelers Championship Generates More Than $4 Million for Charity

Associated Press7 hours ago

HARTFORD, Conn.--(BUSINESS WIRE)--Jun 22, 2025--
The Travelers Companies, Inc. (NYSE: TRV ) today announced that the 2025 Travelers Championship – a PGA TOUR Signature Event – generated more than $4 million for over 215 nonprofits, both record highs.
Travelers also set a record this year as the longest-running title sponsor in the tournament's history. In the 19 years the company has been title sponsor, the Travelers Championship has generated tens of millions of dollars for charity.
Alan Schnitzer, Chairman and Chief Executive Officer of Travelers, said, 'This week truly captured what makes the Travelers Championship so special – world-class golf played before an enthusiastic crowd, all united by a shared purpose. It is a formula that led to a great week of golf and more money raised for charity than ever before. For 19 years, we have been honored to bring the PGA TOUR to Connecticut, and every year I am inspired by the passion of the players, the dedication of our fans and the incredible support from volunteers and partners who rally around our mission to give back. In addition to supporting vital charitable causes, we are proud that the tournament also generates significant economic activity for the state of Connecticut. Congratulations to our 2025 champion, Keegan Bradley, for rising to the top of one of the strongest fields in the game. We are already looking forward to making next year's tournament even more memorable.'
The Travelers Championship donates 100% of its net proceeds to nonprofits. This year's primary beneficiary is The Hole in the Wall Gang Camp, an organization based in Ashford, Connecticut, that provides a traditional summer camp experience for children with serious illnesses. Many other worthy charities – spanning arts and culture, education, health care, housing, human services, mental health, food insecurity, science and technology, and youth development – also benefit from their involvement with the Travelers Championship.
Andy Bessette, Executive Vice President and Chief Administrative Officer of Travelers, said, 'The Travelers Championship extends far beyond tournament week. We have created a community of fans that spans the region, and it is because of their support that we are able to make such an impact on so many charities, the true winners of the Travelers Championship. We are so grateful to the world's best PGA TOUR players for delivering another tremendous competition that we will all remember for some time.'
The 2026 Travelers Championship is scheduled to take place June 22-28 at TPC River Highlands in Cromwell, Connecticut. For more information, visit TravelersChampionship.com.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV ) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of more than $46 billion in 2024. For more information, visit Travelers.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20250622391066/en/
CONTACT: Media:
Michael Whitmer, 860-277-2010
[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT
INDUSTRY KEYWORD: OTHER PHILANTHROPY SPORTS INSURANCE GOLF PROFESSIONAL SERVICES PHILANTHROPY FUND RAISING FOUNDATION
SOURCE: The Travelers Companies, Inc.
Copyright Business Wire 2025.
PUB: 06/22/2025 08:09 PM/DISC: 06/22/2025 08:08 PM
http://www.businesswire.com/news/home/20250622391066/en

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Chevron Boosts Dividend Potential with Strategic Lithium Acquisition
Chevron Boosts Dividend Potential with Strategic Lithium Acquisition

Yahoo

time18 minutes ago

  • Yahoo

Chevron Boosts Dividend Potential with Strategic Lithium Acquisition

Chevron Corporation (NYSE:CVX) is one of the 10 best dividend stocks according to Jim Cramer. On June 17, 2025, the company announced the closing of a transaction to acquire all equity interests in two subsidiaries of TerraVolta Resources and its investor, The Energy & Minerals Group. A tanker truck making its way through a refinery facility. . The American multinational energy corporation, Chevron Corporation (NYSE:CVX) engages in the exploration and extraction of crude oil and natural gas. Headquartered in Texas, the company focuses on multiple aspects of the oil and gas industry, from production and refining to marketing and transportation. Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX) has completed the acquisition of 125,000 net acres in Northeast Texas and Southwest Arkansas from TerraVolta Resources and East Texas Natural Resources on June 17, 2025. With this acquisition, the company enters the domestic lithium sector, targeting the Smackover Formation known for its high lithium content. The company plans to use direct lithium extraction (DLE), an advanced method with a smaller environmental footprint, to establish a lithium business with commercial value. Through the investment, Chevron Corporation (NYSE:CVX) could potentially support the growing demand for critical minerals essential for electrification. With a payout ratio of 75.43%, indicating the company's capabilities to handle the dividend payments, Chevron Corporation (NYSE:CVX) offers a dividend yield of 4.69%. The increase in dividends for 38 consecutive years further makes the stocks appealing to investors looking for less risky, long-term, stable income. While we acknowledge the potential of CVX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: andDisclosure. None.

Realty Income Strengthens Dividend Stability with Major Notes Offering Plan
Realty Income Strengthens Dividend Stability with Major Notes Offering Plan

Yahoo

time18 minutes ago

  • Yahoo

Realty Income Strengthens Dividend Stability with Major Notes Offering Plan

Realty Income Corporation (NYSE:O) is one of the 10 best dividend stocks according to Jim Cramer. Stifel Nicolaus reiterated a Buy rating on the company, following an announcement on Notes offering valued at €1.3 billion. A REIT Retail company representative discussing the portfolio growth with a tenant. Realty Income Corporation (NYSE:O), based in California, is a real estate investment trust (REIT) that acquires and manages freestanding, single-tenant commercial properties. The company focuses on properties leased to retail clients under long-term net lease agreements. Known for paying monthly dividends, the company aims to offer a steadily growing monthly income stream. On June 11, 2025, the company announced an agreement to issue €1.3 billion in notes. As per the agreement, Realty Income Corporation (NYSE:O) will offer €650 million of 3.375% senior unsecured notes due June 20, 203, and €650 million of 3.875% senior unsecured notes due June 20, 2035. The company intends to use the net proceeds from these Notes offerings for general corporate purposes, including the repayment or repurchase of the company's debts. Following the announcement, Stifel Nicolaus reiterated a Buy rating on the stock, pointing out that the Notes will reduce the dilution from the repayment. The dividend yield of 5.57%, supported by a consecutive growth of 25 years, makes the stock attractive to investors seeking consistent income. Currently, the company's payout ratio stands at 283.37%. While we acknowledge the potential of O as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: andDisclosure. None. Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati

Vail Resorts Maintains Dividend Appeal Despite Earnings and Guidance Revisions
Vail Resorts Maintains Dividend Appeal Despite Earnings and Guidance Revisions

Yahoo

time18 minutes ago

  • Yahoo

Vail Resorts Maintains Dividend Appeal Despite Earnings and Guidance Revisions

Vail Resorts, Inc. (NYSE:MTN) is one of the 10 best dividend stocks according to Jim Cramer. The company received a Hold rating from Morgan Stanley, with a price target of $146. An aerial view of a mountain resort, its snow-capped peaks and lush ski slopes revealed in all their glory. Headquartered in Colorado, Vail Resorts, Inc. (NYSE:MTN) is a mountain resort company that owns and operates a network of resorts, hotels, and real estate properties across the globe. The company provides experience related to skiing, snowboarding, and other mountain-based activities. Additionally, it also offers lodging and retail services to its customers. Vail Resorts, Inc. (NYSE:MTN) held its Q3 earnings call earlier this month. The company reported a 3% growth in resort-reported EBITDA year-to-date and a 4% increase in season pass revenue. However, the lower-than-expected lift ticket visitation, in addition to one-time costs related to Rob Katz's succession to Kirsten Lynch as the company's CEO, has caused the company to adjust its fiscal 2025 guidance. Following the earnings call, Morgan Stanley has given a Hold rating for the stock, with a price target of $146. The company's share price when closing on Tuesday was $155.76. With a dividend yield of 5.71%, Vail Resorts, Inc. (NYSE:MTN) gains a position on our list. Though the payout ratio of 113.12% highlights riskiness, 4 years of consecutive dividend growth keep the stock appealing to income-seeking investors. While we acknowledge the potential of MTN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: andDisclosure. None.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store