AXIS Capital Declares Quarterly Dividends

Rhea-AI Summary

AXIS Capital has declared a quarterly dividend of $0.42 per common share, payable on July 15, 2021, to shareholders of record by June 29, 2021. Additionally, a dividend of $34.375 per Series E 5.50% Preferred Share will also be paid on the same date, equivalent to $0.34375 per depositary share. As of March 31, 2021, AXIS Capital reported shareholders' equity of $5.2 billion and maintains strong ratings of 'A+' from Standard & Poor's and 'A' from A.M. Best.

Positive

• Quarterly dividend of $0.42 per common share supports shareholder income.
• Strong balance sheet with shareholders' equity of $5.2 billion.

Negative

• None.

AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that its Board of Directors has declared a quarterly dividend of $0.42 per common share payable on July 15, 2021, to shareholders of record at the close of business on June 29, 2021.

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, 2021, to shareholders of record at the close of business on June 29, 2021.

About AXIS Capital

AXIS Capital, through its operating subsidiaries, is a global provider of specialty lines insurance and treaty reinsurance with shareholders' equity at March 31, 2021 of $5.2 billion 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/20210507005381/en/

FAQ

What is the dividend amount declared by AXIS Capital?

AXIS Capital declared a quarterly dividend of $0.42 per common share.

When is the AXIS Capital dividend payment date?

The dividend payment date for AXIS Capital is July 15, 2021.

What is the dividend amount for Series E Preferred Shares?

The dividend for Series E 5.50% Preferred Shares is $34.375 per share.

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

The record date for the dividend is June 29, 2021.

What are AXIS Capital's ratings?

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