AXIS Capital Declares Quarterly Dividends

Rhea-AI Summary

AXIS Capital Holdings Limited (NYSE: AXS) announced a quarterly dividend of $0.43 per common share, payable on July 15, 2022, to shareholders on record by June 30, 2022. Additionally, a dividend of $34.375 for Series E preferred shares is also declared for the same payment date. As of March 31, 2022, AXIS Capital reported shareholders' equity of $5.1 billion and maintained strong ratings from Standard & Poor's and A.M. Best, showcasing its financial stability and commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.43 per share enhances shareholder return.
• Strong shareholders' equity reported at $5.1 billion as of March 31, 2022.
• Company maintains solid ratings: 'A+' from Standard & Poor's and 'A' from A.M. Best.

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 July 15, 2022 to shareholders of record at the close of business on June 30, 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 July 15, 2022 to shareholders of record at the close of business on June 30, 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 $5.1 billion at March 31, 2022 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/20220504006066/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 dividend amount declared by AXIS Capital (AXS)?

AXIS Capital has declared a quarterly dividend of $0.43 per common share.

When will the dividend be paid by AXIS Capital (AXS)?

The dividend will be paid on July 15, 2022.

What is the record date for the dividend payment by AXIS Capital (AXS)?

The record date for the dividend payment is June 30, 2022.

What is the shareholders' equity of AXIS Capital (AXS)?

AXIS Capital reported shareholders' equity of $5.1 billion as of March 31, 2022.

What ratings have been assigned to AXIS Capital (AXS)?

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