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. The dividend will be paid on February 28, 2023 to shareholders on record as of February 13, 2023.
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. The dividend will be paid on February 28, 2023 to shareholders on record as of February 13, 2023. SiriusPoint is a global insurer and reinsurer with a financial strength rating of A- from AM Best, S&P, and Fitch, and total capital of $2.9 billion. With offices in multiple locations including Bermuda, New York, and London, the company provides a range of insurance solutions worldwide.
Positive
- Quarterly cash dividend of $0.50 per share announced
- Strong financial strength rating of A- from multiple agencies
- Total capital of $2.9 billion supports future growth
Negative
- None.
Details
News Market Reaction – SPNT
The recorded move for SPNT in the trading session of this news was -3.98%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMILTON, Bermuda, Feb. 23, 2023 (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 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 within our Insurance & Services segment. With
SiriusPoint Contacts
Investor Relations
Dhruv Gahlaut, Head of Investor Relations and Chief Strategy Officer
dhruv.gahlaut@siriuspt.com
+44 7514 659 918
Media
Clare Kerrigan, Chief Communications Officer
clare.kerrigan@siriuspt.com
+44 7720 163 949
FAQ
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