Enstar Group Limited Announces Quarterly Preference Share Dividends
Enstar Group Limited (Nasdaq: ESGR) announced cash dividends for its Series D and Series E preference shares, amounting to $0.43750 per depositary share.
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Rhea-AI Summary
Enstar Group Limited (Nasdaq: ESGR) announced cash dividends for its Series D and Series E preference shares, amounting to $0.43750 per depositary share. The dividends will be payable on December 1, 2021, to shareholders on record as of November 15, 2021. Both Series D and Series E preference shares have a fixed-to-floating rate of 7.00%. Enstar continues to be a leading global insurance provider, specializing in innovative capital release solutions through its extensive network.
Positive
- Announcement of $0.43750 dividends on Series D and Series E preference shares, demonstrating confidence in financial stability.
Negative
- None.
Details
News Market Reaction – ESGR
The recorded move for ESGR in the trading session of this news was -0.75%.
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HAMILTON, Bermuda, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced that it will pay cash dividends on its Series D and Series E preference shares.
Dividends on Enstar’s Series D
Dividends on Enstar’s Series E
About Enstar
Enstar is a NASDAQ-listed leading global insurance group that offers innovative capital release solutions through its network of group companies in Bermuda, the United States, the United Kingdom, Continental Europe, Australia, and other international locations. A market leader in completing legacy acquisitions, Enstar has acquired over 110 companies and portfolios since its formation in 2001. For further information about Enstar, see www.enstargroup.com.
Cautionary Statement
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements regarding the intent, belief or current expectations of Enstar and its management team. Investors are cautioned that any such forward-looking statements speak only as of the date they are made, are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Important risk factors regarding Enstar can be found under the heading "Risk Factors" in our Form 10-K for the year ended December 31, 2020 and in our Form 10-Q for the three and nine months ended September 30, 2021 and are incorporated herein by reference. Furthermore, Enstar undertakes no obligation to update any written or oral forward-looking statements or publicly announce any updates or revisions to any of the forward-looking statements contained herein, to reflect any change in its expectations with regard thereto or any change in events, conditions, circumstances or assumptions underlying such statements, except as required by law.
Contact: Enstar Communications
Telephone: +1 (441) 292-3645
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