EXEL declares 40 cent dividend Royal Gazette Staff Created: Apr 06, 1998 11:00 AM quarterly dividend payable on the company's ordinary shares of 40 cents per share, payable May 5 to shareholders of record on April 16. Related Stories Insurance M&A activity may be on horizon Teenager launches vegetable-garden business Meritus Trust acquires Lepercq Institute of Directors launch new website Related Media Please enable JavaScript to view the comments powered by Disqus.