SiriusPoint Announces Dividend on Series B Preference Shares

Rhea-AI Summary

SiriusPoint Ltd. (NYSE: SPNT), an international specialty insurer and reinsurer, has declared a quarterly cash dividend for its Series B Preference Shares. The $0.50 per share dividend on the 8.00% Resettable Fixed Rate Preference Shares will be paid on or before May 30, 2025 to shareholders of record as of May 15, 2025. These Series B shares have a $0.10 par value and a $25.00 liquidation preference per share.

Positive

• Regular dividend payment indicates financial stability and commitment to preferred shareholders

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• None.

HAMILTON, Bermuda, May 05, 2025 (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 $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to May 30, 2025 to Series B shareholders of record as of May 15, 2025.

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 approximately $2.7 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s. For more information, please visit www.siriuspt.com.

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

What is the dividend amount for SPNT Series B Preference Shares in May 2025?

SiriusPoint announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B.

When is the payment date for SiriusPoint's Series B Preference Share dividend?

The dividend will be paid on or prior to May 30, 2025 to shareholders of record as of May 15, 2025.

What are the key features of SPNT's Series B Preference Shares?

The Series B Preference Shares have an 8.00% Resettable Fixed Rate, $0.10 par value, and $25.00 liquidation preference per share.

Who approved the SPNT Series B Preference Share dividend?

The dividend was approved by the Audit Committee of SiriusPoint's Board of Directors.