Argo Group Issues $0.31 per Share Cash Dividend

Rhea-AI Summary

Argo Group International Holdings, Ltd. has declared a quarterly cash dividend of $0.31 per share, payable on December 15, 2022, to shareholders of record as of November 30, 2022. This decision reflects the company's commitment to returning value to its shareholders amidst its operations in the specialty insurance market.

Argo is rated 'A-' by both Standard and Poor's and A.M. Best, indicating stable financial strength.

Positive

• Quarterly cash dividend of $0.31 per share announced.
• Dividend payment reflects company's commitment to shareholder value.
• Insurance subsidiaries rated 'A-' by Standard and Poor's and A.M. Best.

Negative

• None.

HAMILTON, Bermuda--(BUSINESS WIRE)-- Argo Group International Holdings, Ltd. (NYSE: ARGO) announced today that the Board of Directors declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The cash dividend will be paid on December 15, 2022, to shareholders of record on November 30, 2022.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS LTD.

Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo and its insurance subsidiaries are rated ‛A-’ by Standard and Poor’s. Argo’s insurance subsidiaries are rated ‛A-’ by A.M. Best. More information on Argo and its subsidiaries is available at www.argogroup.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221103006330/en/

Investors:

Andrew Hersom

Head of Investor Relations

860-970-5845

andrew.hersom@argogroupus.com

Gregory Charpentier

AVP, Investor Relations and Corporate Finance

978.387.4150

gregory.charpentier@argogroupus.com

Media:

David Snowden

Senior Vice President, Group Communications

210-321-2104

david.snowden@argogroupus.com

Source: Argo Group International Holdings, Ltd.

FAQ

When is the Argo dividend payment date?

The Argo dividend payment date is December 15, 2022.

What is the amount of the Argo dividend?

The amount of the Argo dividend is $0.31 per share.

Who is eligible for the Argo dividend?

Shareholders of record as of November 30, 2022, are eligible for the Argo dividend.

How often does Argo pay dividends?

Argo pays dividends quarterly.

What is Argo's credit rating?

Argo is rated 'A-' by Standard and Poor's and A.M. Best.