AXIS Capital Declares Quarterly Dividends

Rhea-AI Summary

AXIS Capital has announced a quarterly dividend of $0.43 per common share, payable on April 18, 2022, to shareholders on record by March 31, 2022. Additionally, a dividend of $34.375 per Series E Preferred Share will also be paid on the same date. The company, a global provider in specialty insurance and reinsurance, reported shareholders' equity of $5.4 billion as of December 31, 2021, and has received strong ratings from Standard & Poor's and A.M. Best.

Positive

• Quarterly dividend of $0.43 per common share increases shareholder income.
• Strong shareholders' equity of $5.4 billion indicates financial stability.
• A+ rating from Standard & Poor's and A rating from A.M. Best reflect solid business performance.

Negative

• None.

PEMBROKE, Bermuda--(BUSINESS WIRE)-- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.43 per common share payable on April 18, 2022 to shareholders of record at the close of business on March 31, 2022.

In addition, the Board declared a dividend of $34.375 per Series E 5.50% Preferred Share (equivalent to $0.34375 per depositary share) payable on April 18, 2022 to shareholders of record at the close of business on March 31, 2022.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity of $5.4 billion at December 31, 2021 and locations in Bermuda, the United States, Europe, Singapore and Canada. Its operating subsidiaries have been assigned a rating of "A+" ("Strong") by Standard & Poor's and "A" ("Excellent") by A.M. Best. For more information about AXIS Capital, visit our website at www.axiscapital.com.

Follow AXIS Capital on LinkedIn and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220224005917/en/

Investor Contact

Matt Rohrmann

AXIS Capital Holdings Limited

investorrelations@axiscapital.com

(212) 940-3339

Media Contact

Anna Kukowski

AXIS Capital Holdings Limited

anna.kukowski@axiscapital.com

(212) 715-3574

Source: AXIS Capital Holdings Limited

FAQ

What is the AXIS Capital dividend amount for April 2022?

The dividend amount declared is $0.43 per common share.

When will AXIS Capital pay its dividends?

Dividends will be paid on April 18, 2022.

What is the record date for AXIS Capital's April 2022 dividend?

The record date is March 31, 2022.

How much is the Series E Preferred Share dividend from AXIS Capital?

The dividend for Series E Preferred Share is $34.375.

What financial rating does AXIS Capital have?

AXIS Capital has an A+ rating from Standard & Poor's and an A rating from A.M. Best.