WHITE MOUNTAINS DECLARES ANNUAL DIVIDEND

White Mountains Insurance Group, Ltd. announced a $1.00 per share annual dividend during its Board meeting on February 24, 2022.

Rhea-AI Summary

White Mountains Insurance Group, Ltd. announced a $1.00 per share annual dividend during its Board meeting on February 24, 2022. This cash dividend is set to be paid on March 23, 2022, to shareholders on record as of March 14, 2022. The company operates as a Bermuda-domiciled financial services holding company and is listed on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM.

Positive

• Dividend of $1.00 per share declared, indicating strong cash flow and confidence in financial stability.

Negative

• None.

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News Market Reaction – WTM

In the trading session that priced this news, WTM gained 1.80%, reflecting a mild positive market reaction.

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HAMILTON, Bermuda, Feb. 25, 2022 /PRNewswire/ -- At its regular meeting held on February 24, 2022, the Board of Directors of White Mountains Insurance Group, Ltd. declared a $1.00 per share annual dividend, payable in cash on March 23, 2022, to holders of record of Common Shares as of the close of business on March 14, 2022. 

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-301490438.html

SOURCE White Mountains Insurance Group, Ltd.

FAQ

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

The declared dividend amount is $1.00 per share.

When is the dividend payment date for White Mountains Insurance Group?

The dividend is payable on March 23, 2022.

What is the record date for the dividend payout by White Mountains Insurance Group?

The record date for the dividend payout is March 14, 2022.

Is the dividend from White Mountains Insurance Group sustainable?

The dividend declaration reflects the company's confidence, but sustainability would depend on ongoing financial performance.