White Mountains Declares Annual Dividend

On February 23, 2023, the Board of Directors of White Mountains Insurance Group declared an annual dividend of $1.00 per share.

Rhea-AI Summary

On February 23, 2023, the Board of Directors of White Mountains Insurance Group declared an annual dividend of $1.00 per share. This dividend will be paid in cash on March 22, 2023, to shareholders on record as of the close of business on March 13, 2023. As a Bermuda-domiciled financial services holding company, White Mountains is traded on both the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM. The announcement underscores the company's commitment to returning value to its shareholders.

Positive

• Declared a $1.00 per share annual dividend.
• Dividend payment demonstrates shareholder value commitment.

Negative

• None.

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News Market Reaction – WTM

In the trading session that priced this news, WTM declined 0.30%, reflecting a mild negative market reaction.

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HAMILTON, Bermuda, Feb. 24, 2023 /PRNewswire/ -- At its regular meeting held on February 23, 2023, the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 22, 2023, to holders of record of Common Shares as of the close of business on March 13, 2023. 

About White Mountains

White Mountains is a Bermuda-domiciled financial services holding company traded on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM.  Additional financial information and other items of interest are available at the Company's web site located at www.whitemountains.com.

CONTACT:  Rob Seelig
(603) 640-2202

View original content:https://www.prnewswire.com/news-releases/white-mountains-declares-annual-dividend-301755170.html

SOURCE White Mountains Insurance Group, Ltd.

FAQ

What is the dividend amount declared by White Mountains Insurance Group in 2023?

White Mountains Insurance Group declared a $1.00 per share annual dividend.

When will the dividend be paid to shareholders of WTM?

The dividend will be paid on March 22, 2023.

What is the record date for the dividend payment for WTM?

The record date for the dividend payment is March 13, 2023.

Is the dividend from White Mountains Insurance Group sustainable?

The press release does not provide specific details regarding the sustainability of the dividend.