SiriusPoint Announces Dividend on Series B Preference Shares
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Rhea-AI Summary
SiriusPoint (NYSE: SPNT), an international specialty insurer and reinsurer, has declared a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. The dividend has a $25.00 liquidation preference per share and will be paid on or before November 30, 2024 to Series B shareholders of record as of November 15, 2024. The dividend declaration was approved by the Company's Audit Committee of the Board of Directors.
Positive
- Consistent dividend payment maintains steady income stream for Series B shareholders
- 8.00% fixed rate preference shares provide stable yield for investors
Negative
- None.
Details
News Market Reaction – SPNT
The recorded move for SPNT in the trading session of this news was +1.60%.
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AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMILTON, Bermuda, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of
About SiriusPoint
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With over
Contacts
Investor Relations
Liam Blackledge, SiriusPoint
Liam.Blackledge@siriuspt.com
+ 44 203 772 3082
Media
Sarah Hills, Rein4ce
Sarah.Hills@rein4ce.co.uk
+ 44 7718 882011
FAQ
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