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ProAssurance Corporation reports developments tied to its property and casualty insurance holding company operations. Its insurance subsidiaries provide professional liability coverage for healthcare professionals and facilities, professional liability coverage for attorneys, and workers' compensation insurance.
Company news commonly covers operating and financial results, investment portfolio updates, capital-structure disclosures, governance matters, and segment-level activity across Specialty Property and Casualty, Workers' Compensation, Segregated Portfolio Cell Reinsurance, and Corporate reporting areas.
Two Harbors Investment Corp. (NYSE: TWO)/b), described as a wholly owned subsidiary of CrossCountry Mortgage, announced it will redeem all outstanding shares of its 8.125% Series A (NYSE: PRA), 7.625% Series B (NYSE: PRB) and 7.25% Series C (NYSE: PRC) Cumulative Redeemable Preferred Stock.The redemptions, made under the terms of the recently completed merger with CrossCountry Mortgage, are scheduled for September 28, 2026. Holders will receive $25.00 per share plus accrued and unpaid dividends to, but not including, the redemption date, upon surrender of their shares to Equiniti Trust Company.
MetLife (NYSE: MET) declared third-quarter 2026 preferred stock dividends on four series. Series A (MET PRA) will pay a quarterly dividend of $0.31471411 per share. Series D will pay a semi-annual dividend of $29.375 per share. Series E (MET PRE) and Series F (MET PRF) will pay quarterly dividends of $351.5625 and $296.875 per share, respectively, or $0.3515625 and $0.296875 per depositary share. All dividends are payable on September 15, 2026, to shareholders of record as of August 31, 2026.
PennyMac Mortgage Investment Trust (NYSE: PMT) declared third quarter 2026 cash dividends on its preferred shares. The 8.125% Series A (PMT PRA) dividend is $0.507813 per share, the 8.000% Series B (PMT PRB) dividend is $0.500000, and the 6.750% Series C (PMT PRC) dividend is $0.421875. All three series have a record date of September 1, 2026 and a payment date of September 15, 2026, in line with their stated terms.
Flagstar Bank (NYSE: FLG) declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17, 2026, to shareholders of record on September 7, 2026. The Board also approved quarterly dividends on Series A, B and D preferred/convertible shares.
According to Flagstar Bank, Series A Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock (NYSE: FLG PRA) will receive $15.94 per preferred share, or $0.3984 per depositary share. Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock will each receive $3.3333 per share, all payable September 17, 2026, to holders of record on September 7, 2026. At June 30, 2026, the Bank reported $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits and $8.1 billion in total stockholders' equity.
The Doctors Company has completed its acquisition of ProAssurance (NYSE: PRA), a specialty medical liability and workers' compensation insurer, for $25.00 per share in cash, valuing the deal at about $1.3 billion.
The combined company will protect over 200,000 healthcare professionals and organizations and hold $12 billion in assets. ProAssurance will be deregistered with the SEC, delisted from the NYSE, and operated as a wholly owned subsidiary while its optimal structure is reviewed.
NETSTREIT (NYSE: NTST) will join the S&P SmallCap 600, replacing ProAssurance (NYSE: PRA), effective before the market opens on June 29, 2026. The change follows a pending cash acquisition of ProAssurance by The Doctors Company, subject to final closing conditions.
NexPoint Real Estate Finance (NYSE: NREF PRA) declared a dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock. The dividend is $0.53125 per share, payable on July 27, 2026 to stockholders of record as of July 15, 2026.
abrdn Income Credit Strategies Fund (NYSE: ACP PRA) declared a quarterly cash distribution of $0.328125 per Series A Preferred share, payable June 30, 2026, to holders of record on June 18, 2026.
The 5.25% Series A Preferred carries an annual dividend rate of $1.3125 on the original $25 issue price and is rated A2 by Moody's.
Distributions may include income, capital gains, or return of capital; final tax character will be reported on Form 1099-DIV in January 2027.
MetLife (NYSE: MET) declared second quarter 2026 preferred stock dividends on three series. Holders of Series A (MET PRA) will receive $0.31190376 per share. Series E (MET PRE) depositary shares pay $0.3515625 each, and Series F (MET PRF) depositary shares pay $0.296875 each.
All dividends are payable June 15, 2026, to shareholders of record as of May 29, 2026.
PennyMac Mortgage Investment Trust (NYSE: PMT) declared second quarter 2026 cash dividends on its preferred shares. The 8.125% Series A (PMT PRA) will pay $0.507813 per share, the 8.000% Series B (PMT PRB) $0.500000, and the 6.750% Series C (PMT PRC) $0.421875.
All three series have a record date of June 1, 2026, and a payment date of June 15, 2026.