SiriusPoint Announces Dividend on Series B Preference Shares
SiriusPoint Ltd. (NYSE: SPNT) announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. This dividend will be payable on August 31, 2022, to shareholders of record as of August 16, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
SiriusPoint Ltd. (NYSE: SPNT) announced a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B. This dividend will be payable on August 31, 2022, to shareholders of record as of August 16, 2022. With over $3 billion in total capital and a financial strength rating of A- from AM Best, SiriusPoint operates as an international specialty insurer and reinsurer, providing multi-line products and services across nearly 150 countries.
Positive
- Declaration of a quarterly cash dividend of $0.50 per share, reflecting confidence in financial stability.
- Strong financial position with over $3 billion total capital.
- Maintains a solid A- financial strength rating from AM Best, indicating reliability.
Negative
- None.
Details
News Market Reaction – SPNT
The recorded move for SPNT in the trading session of this news was +4.31%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMILTON, Bermuda, Aug. 03, 2022 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), an international specialty insurer and reinsurer, has announced that the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of
About SiriusPoint
SiriusPoint is a global insurer and reinsurer providing solutions to clients and brokers in almost 150 countries. Bermuda-headquartered with offices in New York, London, Stockholm and other locations around the world, we are listed on the New York Stock Exchange (SPNT). We provide multi-line insurance and reinsurance products and services on a worldwide basis 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 technology-driven insurance services companies within our Insurance & Services segment. With over
SiriusPoint Contacts
Investor Relations
Clare Kerrigan, SiriusPoint
clare.kerrigan@siriuspt.com
+44 7970695959
Media
Sarah Hills, Rein4ce
sarah.hills@rein4ce.co.uk
+44 7718882011
FAQ
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